Stocks Market
Capital Markets June 2026: Fundraisings Decline to 5.6 Billion Moroccan Dirhams
The Moroccan capital market saw its fundraising activity weaken in February, tallying 5.655 billion dirhams—down from 6.019 billion the previous year—across negotiable debt certificates, bonds, and equity issues. Meanwhile, loan‑to‑share operations grew 6 % year‑to‑date to 56.2 billion dirhams, signalling liquidity demand amid a gradual pullback in new issuances.
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In February 2026, Morocco’s capital market wrapped up fundraising at 5.655 billion dirhams, a decline from the 6.019‑billion‑dirham figure posted the same month a year earlier, according to the Moroccan Authority of Capital Markets (AMMC).
Breaking it down, the February share of fundraising came from:
- Negotiable debt certificates: 3.60 billion dirhams
- Bonds: 2 billion dirhams
- Equity issuances: 50 million dirhams
Despite the dip, the AMMC highlighted that the value of loan‑to‑share transactions rose 6% year‑to‑date, reaching 56.2 billion dirhams in February, underscoring sustained investor appetite for liquidity.
For context, January’s fundraising total was 7.18 billion dirhams.