HomeSocietyThe Treasury invests 2.15 billion dirhams of cash surpluses

The Treasury invests 2.15 billion dirhams of cash surpluses

The Department of Treasury and External Finance (DTFE) launched, on Friday, two cash surplus investment operations for a total amount of 2.15 billion dirhams (MMDH).

The first placement, with reverse repurchase, relates to 1.5 billion dirhams and subscribed over 5 days at the weighted average rate of 1.25%, indicates the DTFE in a press release. The second placement, also with reverse repo, is 650 million dirhams (MDH) over 3 days at the rate of 1.08%, adds the same source.

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