Treasury Invests MAD 34.32Bln in Cash Surpluses

Rabat – The Treasury and External Finance Directorate (DTFE) launched, on Thursday, four cash surplus investment operations worth 34.325 billion dirhams.

The first investment, with a seven-day repo, is for 27 billion dirhams at a weighted average rate of 2.40%, said the DTFE in a statement.

The second placement, also with repo, is for 4.9 billion dirhams over four days at a weighted average rate of 2.13%, while the third is for 1.5 billion dirhams over one day at a weighted average rate of 2.02%.

Subscribed in blank on one day, the fourth placement concerns MAD 925 million at a weighted average rate of 2.50%.

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Post

Digitization: 73% of Banked Moroccans Use at Least One Online Service (Study)

Next Post

Morocco’s Removal from FATF Grey List Rewards its Proactive Actions

Related Posts
Total
0
Share