DTFE Launches 1.6 Billion Dirhams Investment Operations: News from Moroccan Treasury and External Finance Department

2023-07-28 23:08:00

Hespress Français – News from Morocco Economy MAPSaturday, July 29, 2023 – 01:08

The Treasury and External Finance Department (DTFE), under the Ministry of Economy and Finance, launched, on Friday, two cash surplus investment operations totaling 1.6 billion dirhams (MDH) .

This is a speculative placement, covering 1.1 billion dirhams, subscribed over three days at the rate of 3%, the DTFE said in a press release.

The second placement, with repurchase agreement, relates to 500 MDH subscribed over six days at the rate of 2.5%, specifies the same source.

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