The Department of the Treasury and External Finance (DTFE) launched on Monday an operation to invest surplus cash amounting to 600 million dirhams (MDH).
This is a one-day repo investment at a weighted average rate of 1.16%, said DTFE in a press release.
In addition, the Treasury will proceed on Tuesday with the issuance by auction of short, medium and long-term Treasury bills, the Treasury and External Finance Department (DTFE) announced on Monday. These are bonds with a maturity of 26 weeks, 52 weeks, 5 years and 15 years, l.
The DTFE specifies that the 52-week, 5-year and 15-year bonds will be sold at the respective rates of 1.7%, 2.4% and 3%.
The settlement of these vouchers will take place on October 19.