The relevant characteristic features, including energy per unit length and tension, of a cosmic string carrying massless fermionic currents in the framework of the Witten model in the neutral limit are derived through quantization of the spinor fields along the string. The construction of a Fock space is performed by means of a separation between longitudinal modes and the so-called transverse zero energy solutions of the Dirac equation in the vortex. As a result, quantization leads to a set of naturally defined state parameters which are the number densities of particles and anti-particles trapped in the cosmic string. It is seen that the usual one-parameter formalism for describing the macroscopic dynamics of current-carrying vortices is not sufficient in the case of fermionic carriers.98.80. Cq, 11.27.+d