## Morocco Invests MAD 13 Billion in Cash Surpluses

**Treasury Department Leverages Repo Agreements and Overnight Blank Operations**

Morocco's Treasury and External Finance Department (DTFE) strategically deployed MAD 13.05 billion in cash surpluses through five distinct investment operations on Thursday.  

**Repo Agreements Fuel Investment:** 

The DTFE utilized repo agreements, a short-term borrowing arrangement, for the majority of these investments:

* **MAD 6 Billion Over 5 Days at 2.1%:** The largest placement involved a repo agreement for MAD 6 billion with a maturity period of five days and an interest rate of 2.1%.
* **MAD 2 Billion Over 7 Days at 2.27%:** A separate repo agreement secured MAD 2 billion over a seven-day term, carrying a slightly higher interest rate of 2.27%.
* **MAD 2.6 Billion Over 5 Days at 1.91%:**  Another repo agreement with a five-day maturity fetched MAD 2.6 billion at an attractive 1.91% interest rate.

**Short-Term Borrowing for Efficient Cash Management:**

Rounding out the DTFE's investment strategy, they placed:

* **MAD 1.3 Billion Over 1 Day at 1.75%:** A one-day repo agreement secured MAD 1.3 billion with a modest interest rate of 1.75%.
* **MAD 1.15 Billion Overnight Blank Operation at 2.25%:**  Finally, an overnight blank operation mobilized MAD 1.15 billion at an interest rate of 2.25%.


These strategic investments highlight the DTFE's commitment to efficiently managing Morocco's cash surpluses while generating returns in a fluctuating economic landscape.


## Morocco Invests MAD 13 Billion in Cash Surpluses

**Treasury Department Leverages Repo Agreements and Overnight Blank Operations**

Morocco's Treasury and Ex

Morocco's Treasury places MAD 13.05 bln in cash surpluses

## Moroccan Stock Market Soars: MASI Up Over 0.7%

**Casablanca's main stock index continues its upward trend.**

The Casablanca Stock Exchange closed Friday with strong gains, driven by a surge in the MASI. The flagship index rose 0.72%, closing at 19,404.8 points.  

Following closely behind was the MASI.20, which tracks the 20 most liquid stocks. This index also climbed, increasing by 0.69% to reach 1,594.41 points.

The MASI ESG, focused on companies with top-tier environmental, social, and governance (ESG) ratings according to Moody’s ESG Solutions, experienced a more moderate gain, rising 0.38% to close at 1,334.36 points.




## Moroccan Stock Market Soars: MASI Up Over 0.7%

**Casablanca's main stock index continues its upward trend.**

The Casablanca Stock Exchange closed Friday wi

#General

Morocco's Treasury places MAD 13.05 bln in cash surpluses

Casablanca Stock Exchange extends gains at close