The Morocco Ministry of Finance issued MAD 3 billion ($300 million) through a one-day reverse repo operation on Wednesday, as stated in an official statement from the government. This action was carried out by the country’s Treasury and External Finance Directorate (DTFE).
The investments were made using a weighted average interest rate of 1.83%, as part of the short-term liquidity management initiative, which is a standard practice employed by the Treasury to enhance cash efficiency.
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Morocco’s Treasury introduces MAD 3 billion into a short-term liquidity operation.
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