A process for deploying a financial surplus from the treasury has begun, as shown by data from the Treasury and External Finance Directorate, part of the Moroccan Ministry of Economy and Finance.
It indicated that the value of the operation is 1.25 billion dirhams, for a duration of 3 days, with an interest rate of 1.1%. The repurchase agreement represents treasury surplus deployment operations, through which the central bank purchases financial assets and treasury bills from banks, with the latter set to repurchase them again as part of the operational framework of monetary policy. This aims to provide short-term liquidity to banks to overcome liquidity shortages.
