Citizens of the Republic of Moldova will be able to purchase state securities without intermediaries, starting September 16, through the eVMS.md platform. The Ministry of Finance said that the people will have the most competitive interest rate on the market – 6 percent annually, and the profit obtained from VMS is not taxed, IPN reports.

Individuals will be able to purchase state securities during the subscription period, which will take place between September 16 and 25. The procurement is accessible to all citizens of the Republic of Moldova who have an account in a commercial bank in the Republic of Moldova, have an electronic signature and have registered on the eVMS.md platform, the Ministry of Finance noted in a press release.

The eVMS.md platform is a modern and innovative solution for conducting financial transactions online, simplifying citizens; access to stable and secure investment opportunities. The initiative offers a new way to save and invest in the country’s development, offering a safe and advantageous solution for growing personal savings.

The indicative volume of the issuance of government bonds proposed to individuals is 50 million lei, at the nominal value of 100 lei per bond. The interest rate is fixed for the entire duration of the term of circulation of securities, which is two years.

The first platform for direct investments in State Securities - eVMS.md - was created with the support of USAID.