Morocco’s Treasury and External Finance Directorate (DTFE) placed MAD 600 million ($60 million) in surplus cash through a one-day reverse repurchase agreement on Tuesday.
The operation was executed at a weighted average rate of 1.8%, reflecting short-term liquidity management by the Treasury.
The DTFE regularly conducts repo operations to manage excess liquidity and support money market stability.
The post
Morocco’s Treasury Injects MAD 600 Million in Surplus Cash via One-Day Repo
appeared first on
Jagoanblog.artEnglish – Morocco News
.