RABAT - Moroccan phosphate producer Office Cherifien des Phosphates (OCP) is looking to raise 5 billion dirhams ($541.68 million)through a domestic subordinated perpetual bond to diversify financing sources, bourse regulator AMMC said on Tuesday.

Subscription for the OCP bond will take place from May 2 to 4, the regulator said in a statement.

State-run OCP, a major earner of foreign currency for Morocco, said in a statement the bond would help diversify the financing of the 2008-2030 investment programme worth 200 billion dirhams.

($1 = 9.2342 Moroccan dirham)

(Reporting by Ahmed Eljechtimi Editing by Ulf Laessing and Louise Heavens) ((Ulf.Laessing@thomsonreuters.com; Reuters Messaging: follow me on twitter @ulflaessing))