Moldova's domestic public debt in 2019 increased by 109.6 million lei (+ 0.5%), amounting to 23 billion 168.2 million lei in late December 2019

Moldova's domestic public debt in 2019 increased by 109.6 million lei (+ 0.5%), amounting to 23 billion 168.2 million lei in late December 2019

According to the Ministry of Finance, such a change in the domestic public debt in January-December 2019 occurred against the background of an increase in the issue of government securities in the primary market for a total amount of 339.6 million lei, as well as the redemption of bonds issued for the fulfillment by the Ministry of Finance of payment obligations arising from state guarantees, for a total amount of 230 million lei. In particular, as of the end of 2019, the debt on state securities issued in the primary market amounted to about 8 billion 253.6 million lei, which is 339.6 million lei more than at the end of 2018, and its share accounted for 35.6% of the total domestic public debt. At the same time, the debt on bonds issued for the fulfillment by the Ministry of Finance of payment obligations arising from state guarantees of November 17, 2014 and April 1, 2015, at the end of 2019 amounted to 12 billion 851.2 million lei, decreasing by 230 million lei versus the situation at the end of 2018; it accounted for 55.5% of the total domestic public debt of Moldova in late 2019. Debt on converted government securities in late 2019 amounted to 2 billion 063.4 million lei, the same as the indicators of late 2018 (8.9% of the total amount of domestic public debt). According to the Ministry of Finance, in 2019, the weighted average interest rate on government securities sold at auctions amounted to 6.22% (by type of government securities: 91 days - 4.65%, 182 days - 6.05%, 364 days - 6.79 %, 1 year - 6.6%, 2 years - 6.26%, 3 years - 6.62%, 5 years - 6.95%), increasing by 1.23 percentage points versus the same period of the previous year. As InfoMarket reported earlier, the domestic public debt of Moldova in 2018 increased by 480.04 million lei (+ 2.1%), amounting to 23 billion 058.6 million lei in late December. It should be noted that the record indicator of Moldova's domestic public debt was registered in late March 2019, when it amounted to 23 billion 457.7 million lei. //17.01.2020 - InfoMarket.

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