The Communal Equipment Fund (FEC) has selected CDG Capital and BMCE Capital Conseil to support it in a significant bond issuance worth 6 billion dirhams. This initiative is part of a broader 9 billion dirham program authorized in 2019, with portions already issued in 2020 and 2022.

As part of this program, the FEC successfully issued 2 billion dirhams on December 18, 2020, and another 1 billion dirhams on January 12, 2022.

CDG Capital and BMCE Capital Conseil have been tasked with assisting the FEC in preparing and placing various types of bond issuances over a maximum period of four years.

Their service fee will be 0.09% including taxes of the total issuance amount, slightly lower than the initially estimated fee of 0.096%.