Treasury Places MAD 2.7 Bln In Cash Surpluses

Morocco Invests MAD 2.7 Billion in Cash Surplus

Two Operations Launched to Manage Excess Funds

Morocco's Treasury and External Finance Department (DTFE) has announced the launch of two operations aimed at investing MAD 2.7 billion in cash surpluses.

The department, through a press release, detailed the specifics of the investments. The first operation involves a repo agreement for an amount of MAD 1.7 billion, subscribed for one day with a weighted average rate of 1.75%. The second investment details were not disclosed.

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