2023-05-19 19:18:04
In its recent note “Weekly Hebdo Rates – Fixed income”, Attijari Global Research (AGR), a subsidiary of the Attijariwafa group, specifies that the issuing institution is increasing its main operations for the second consecutive week through its main monetary policy instrument. , advances to 7 days. The latter amounted to 42.1 billion dirhams this week, i.e. a level higher than the average observed during the year 2023.
The Central Bank thus continues to meet the growing needs of the banking system in liquidity, underlines the same source, adding that for their part, the instruments of monetary policy in the longer term remained stable this week.
Under these conditions, interbank rates remain in line with the key rate at 3% and MONIA rates are stabilizing at 2.9% this week.
Taking into account the positive effects of the last fundraising abroad as well as sound management of public finances, the Treasury continues to accumulate significant cash surpluses.
To this end, the average Treasury investments on the money market reached 31 billion dirhams this week once morest 32.3 billion dirhams a week earlier, and a record of 70 billion dirhams during the month of March 2023.
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