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State attracted loans worth MDL 240 mln from the money market


https://www.ipn.md/en/state-attracted-loans-worth-mdl-240-mln-from-the-money-7966_961966.html

The state has attracted short-term financial means worth MDL 239.6 mln from the money market in September, through placing State Securities (SS). On the whole, the Ministry of Finance has offered SS amounting to 246 mln, by 46 mln more compared with August, though the offering was placed at a level of 97.4%. From the overall state bonds placed on the primary market, 222.4 mln (92.8%) were purchased by banks from own portfolios. The rest of SS (7.2%) were bought with the help from investors. In August, investors accounted for 16.9%. The most solicited state bonds have terms of 91, 182, and 364 days, with a share of 98.5%. At the same time the 91-days-term bonds are prevailing – 53%. State obligations for a 2 years term accounted for only 1.5% in September. The mean interest rate for SS with a maximum lifespan of one year has increased in September by 0.06 p.p. compared with August, constituting 8.29% per year. The interest rate for 2 years term state bonds went up 0.2 p.p., amounting to 11.26%.