Treasury Invests MAD 15.7 Bln in Cash Surpluses

The first was a repo investment of 14 billion dirhams subscribed over 7 days at a rate of 3.11%, the DTFE said in a press release.

The second investment, also with reverse repo, is for 700 million dirhams, subscribed over seven days, at a weighted average rate of 2.66%, the same source said, adding that the third placement with reverse repo is for 700 million dirhams, subscribed over one day at a rate of 2.59%.

The last investment concerns an amount of 300 million dirhams subscribed over one day at a rate of 3.01%, noted the DTFE.

The Treasury and External Finance Department (DTFE) under the Ministry of the Economy and Finance launched, on Thursday, four cash surplus investment operations totalling 15.7 billion dirhams.31 August 2023RabatEconomynonGratuit: non