The Treasury places MAD 5.4 billion in cash surpluses

The Department of the Treasury and External Finances (DTFE) launched on Monday three investment operations of cash surpluses totaling 5.4 billion dirhams (MMDH).

In a press release, the DTFE specifies that the first investment, with repurchase agreement, relates to an amount of 4.1 billion dirhams for a period of one day and a weighted average rate of 1.17%.

The second placement, also with repurchase agreement, relates to an amount of MAD 1 billion over three days, at a weighted average rate of 1.16%.

In white, the third placement relates to 300 million dirhams placed over a day at a weighted average rate of 1.50%, the press release said.

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