The subscription period for a new issue of government securities starts today and will run until March 19. Moldovan citizens who have an account with a commercial bank in the country and have registered on the eVMS.md platform can participate in this subscription. The SS purchased during the 10-day subscription period will be distributed to the portfolios of investors on the platform on March 20, IPN reports.
The Finance Ministry notes that government bonds with maturities of 1 and 2 years and a fixed interest rate are available under the issue. Thus, bonds with a maturity of 1 year offer an interest rate of 8%, while those with a maturity of 2 years have an interest rate of 8.15%. The income earned on investment in these bonds is tax-free and interest is payable semi-annually, according to the payment terms set out in the VMS placement notice.
The nominal value of each bond is 100 lei.
So far, during the September and December 2024 subscriptions, investments in the VMS have exceeded lei 229.6 million. Also, on March 26, the first coupon payment will be made to investors who purchased the VMS through the eVMS platform during the first issue in September 2024.
