Morocco’s National Railway Office (ONCF) successfully completed its second green bond issuance, raising 2 billion dirhams from institutional investors. The operation, which attracted strong interest, was oversubscribed 5.25 times with total bids reaching 10.49 billion dirhams, reflecting high demand from domestic players such as mutual funds, insurance companies, pension funds, and the Caisse de Dépôt et de Gestion (CDG), along with international participation from the European Bank for Reconstruction and Development (EBRD). The funds will be used to finance environmentally friendly rail projects, including electrification of lines, infrastructure modernization, and energy efficiency improvements across the network. @MorocCÔnnected