DTFE Launches 2 Billion Dirhams Investment Operations: Latest News from Morocco’s Economy

2023-08-24 00:54:00

Hespress Français – News from Morocco Economy Hespress FRThursday, August 24, 2023 – 02:54

The Department of Treasury and External Finance (DTFE), under the Ministry of Economy and Finance, launched, on Wednesday, two operations to invest cash surpluses of 2 billion dirhams (MMDH).

This is a first placement with reverse repurchase agreement in the amount of 1.8 billion dirhams, subscribed over one day at the rate of 2.51%, indicates the DTFE in a press release.

The second investment, in white, relates to 200 million dirhams subscribed over 1 day at the rate of 3.01%, specifies the same source.

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