Morocco’s Treasury Places MAD 1.7 Billion in Short-Term Cash Surplus Operations

Morocco's Treasury Locks Down $171 Million in Short-Term Investments

Government Actions Drive Liquidity Management Strategy

Morocco's Treasury Department executed short-term cash surplus operations totaling 1.7 billion dirhams ($171 million) on Friday, according to a statement from the Directorate of Treasury and External Finance (DTFE). This move is part of the government's ongoing efforts to manage its liquidity effectively.

The first repurchase agreement (repo), valued at MAD 1 billion, had a maturity period of three days and generated an interest rate of 1.76%. The second repo, worth […], further bolstered the Treasury's financial strategy.