For the first time in the country's history, the Ministry of Finance of Moldova issued and successfully marked out 7-year government bonds
This was reported by the financial department, noting that today, on April 21, during the tender for the placement of government securities on the primary market, for the first time in the history of Moldova, government bonds were issued for a period of 7 years with a fixed interest rate of 6.50% per annum. The proposal of the Ministry of Finance was covered in the proportion of 107%, in particular, state bonds were issued in the amount of about 75 million lei, compared with the originally proposed 70 million lei. The main buyers were primary dealer banks and institutional investors. The Ministry of Finance said it would regularly issue this financial instrument and increase its liquidity through its reopening operations. It should be noted that so far the Ministry of Finance has issued only government bonds for 2, 3 and 5 years, and the issue of 7-year government bonds will be an important step towards complementing the yield curve. // 21.04.2021 — InfoMarket
