Moldova’s internal public debt as of the end of January 2022 amounted to 33 billion 393.2 million lei, up 111.8 million lei (+0.3%) compared to the previous month.
It should be noted that the record high of Moldova's internal public debt was registered at the end of July 2021, when it amounted to 34 billion 333.6 million lei. According to the Ministry of Finance, the growth of domestic public debt in the first month of 2022 occurred mainly due to an increase in the issuance of government securities in the primary market. In particular, as of the end of January 2022, the debt on government securities issued on the primary market amounted to about 18 billion 836.46 million lei, which is 58.31 million lei (0.3%) more than as of the end of 2021 (18 billion 778.15 million lei), and it accounted for 56.4% 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 dated November 17, 2014 and April 1, 2015, as of the end of January 2022 amounted to 12 billion 351.2 million lei, without changing, compared to the situation as of the end of 2021. It accounted for 37% of the total amount of internal public debt of Moldova as of the end of January 2022. At the same time, the debt on converted government securities as of the end of January 2022 amounted to 2 billion 205.56 million lei, having increased, relative to the situation as of the end of 2021, by 53.52 million lei (+2.5%) and amounted to 6.6% of the total amount of domestic public debt as of the end of January 2022. According to the Ministry of Finance, in January 2022 the weighted average interest rate on government securities sold at auctions amounted to 9.85% (by types of government securities: 91 days - 8.95%, 182 days - 9.91%, 364 days - 10.03%, 2 years - 7 .9%, 3 years - 7%, 5 years - 7.5%, 7 years - 10%), which is more by 0.86 percentage points compared to the same period of the previous year. As InfoMarket agency previously reported, Moldova's domestic public debt in 2021 increased by 4 billion 045.8 million lei (+ 13.8%), amounting to 33 billion 281.4 million lei, as of the end of December 2021. // 25.02.2022 — infomarket.
