The Moroccan Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, on Tuesday launched two cash surplus investment operations for a total of MAD 3.55 billion.
The first was a repo investment at a rate of 2.65% for an amount of MAD 3.45 billion subscribed over one day, DTFE said in a press release.
The second unsecured investment of MAD 100 million was subscribed over one day, at a rate of 3%, it noted.