Moldova sees record interest in government securities investments
There is record-breaking interest from citizens in purchasing government securities.
Between December 6 and 15, nearly 151 million lei (7.866.877,84 euro) worth of government securities were subscribed via the evms.md platform, as stated by Ion Gumene, the State Secretary at the Ministry of Finance. A total of 1,215 transactions were carried out by 774 investors.
Approximately 70% of the total was invested in one-year government securities (GS), with the remaining 30% in two-year GS. Many investors choose to invest in both types of financial instruments, demonstrating a preference for diversifying their investment portfolios. From today, the maturity period begins, meaning that in six months, investors will receive their first interest payment on the amounts invested in GS," said Ion Gumene.
The Ministry of Finance plans to issue government bonds for trading on the evms.md platform in March. Additionally, in 2025, the authorities also plan to further develop this platform, Ion Gumene added.
"In 2025, we will work on enhancing the platform’s functionality. Our goal is to launch the secondary market, where investors will be able to trade the purchased GS. We also aim to grow the investor base and increase the number of accounts and investments in government securities," Gumene said.
Government securities are a financial instrument through which the state borrows from its citizens. These loans can be short-term (up to one year) or long-term (over one year) government bonds, with interest payments.
Translation by Iurie Tataru
