Another 4 issues of government bonds for a total amount of 58.3 million lei have been admitted to the Regulated Market of the Stock Exchange of Moldova (BVM), starting December 27.
According to the BVM report, in particular, these new government bonds with a nominal value of 100 lei per unit were issued with different maturities (2, 3, 5 and 7 years) and a fixed interest rate from 6 to 6.8% per annum (paid semi-annually), backed and guaranteed by the Moldovan government. In particular, there are offered for sale 335,363 government bonds with maturity of 2 years, worth 33 million 536.3 thousand lei with fixed interest rate of 6% per annum, 106,380 government bonds with maturity of 3 years, worth 10 million 638 thousand lei with fixed interest rate of 6% per annum, 21,400 government bonds with maturity of 5 years worth 2.14 million lei with a fixed interest rate of 6.5% per annum, 120,000 government bonds with maturity of 7 years worth 12 million lei with a fixed interest rate of 6.8% per annum. The coupon payment periodicity is semi-annual. According to BVM, the launch of operations with government bonds on the Stock Exchange of Moldova creates opportunities for investors to diversify their portfolios and participate in the economic development of the country. Government bonds are a safe way to invest, as they are issued by the government and backed by its financial strength. They can benefit not only institutional investors but also individuals who want to invest in a low-risk financial instrument. Investing in government securities helps in infrastructure development and implementation of various government projects. // 26.12.2023 - InfoMarket.
