The Treasury invests 2.33 billion dirhams of cash surpluses

The Treasury invests 2.33 billion dirhams of cash surpluses

Hespress ENWednesday 21 September 2022 – 01:17

The Department of Treasury and External Finance (DTFE) launched, on Tuesday, two cash surplus investment operations for a total amount of 2.33 billion dirhams (MMDH).

The first placement, with reverse repurchase agreement in the amount of 1.43 billion dirhams, is subscribed over one day at the weighted average rate of 1.15%, the DTFE said in a press release.

The second placement, of 900 million dirhams, is also subscribed over one day at the rate of 1.11%, adds the same source.

DTFE Treasure

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