The Treasury and External Finance Department (DTFE) launched a MAD 1.7 billion ($170 million) operation on Friday to place excess cash reserves. The three-day repurchase agreement (repo) was subscribed at a weighted average rate of 2.01%, the DTFE said in a statement. The post Morocco's Treasury Places 1.7 Bln in Cash Surplus Operations appeared first on HESPRESS English - Morocco News .
The Treasury and External Finance Department (DTFE) launched a MAD 1.7 billion ($170 million) operation on Friday to place excess cash reserves.
The three-day repurchase agreement (repo) was subscribed at a weighted average rate of 2.01%, the DTFE said in a statement.
The post Morocco's Treasury Places 1.7 Bln in Cash Surplus Operations appeared first on HESPRESS English - Morocco News.
