Morocco's Treasury Invests MAD 3.55 Bln in Cash Surpluses
Morocco's Treasury Deploys MAD 3.55 Billion in Surplus Funds
Cash Invested Across Three Operations
The Moroccan Treasury and External Finance Department (DTFE) injected MAD 3.55 billion into the economy Wednesday, deploying the funds across three separate investment operations.
First Investment: Repurchase Agreement at 1.78%
The first operation, valued at MAD 1.85 billion, utilized a repurchase agreement and secured an interest rate of 1.78%, according to a DTFE press release.
Second Operation Follows Suit
A second repurchase agreement, also worth […], was launched as part of the strategy.