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

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.

1692856656
#Treasury #billion #dirhams #surpluses

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Adblock Detected

Please support us by disabling your AdBlocker extension from your browsers for our website.