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Morocco's Treasury Executes Strategic MAD 8.4 Billion Investment Plan

12:12
Morocco's Treasury Executes Strategic MAD 8.4 Billion Investment Plan

The Moroccan Treasury and External Finance Department (DTFE) has implemented a series of sophisticated financial operations, deploying MAD 8.4 billion ($820 million) in cash surplus investments on Friday. This strategic financial move, executed under the Ministry of Economy and Finance's oversight, demonstrates Morocco's active treasury management approach.

The investment strategy comprised four distinct operations, with the most substantial being two repo investments. The first major transaction involved MAD 5.9 billion at a weighted average rate of 2.52%, while the second allocated MAD 1 billion at 2.24%. Both investments were structured with seven-day maturity periods.

Complementing these longer-term positions, the DTFE executed two additional one-day investments. A repo investment of MAD 700 million was placed at 2%, while a blank investment of MAD 800 million secured a premium rate of 2.5%, highlighting the Treasury's diversified approach to short-term financial management.

This comprehensive investment initiative reflects Morocco's sophisticated approach to managing state finances and optimizing returns on available resources. The varied maturity periods and investment types demonstrate the Treasury's balanced strategy in maintaining liquidity while pursuing favorable yields.

 


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