Moldova will launch on July 31 an online platform for direct investments in government securities - eVMS.md, which will be a premiere for the country's financial market
With the launch of Moldova's first eVMS.md platform meant for to trading in government securities (GS), Moldovan citizens will soon have more opportunities to invest safely, secure a stable financial future and contribute to financing the country's development projects. The eVMS.md website, which will be launched on July 31, will allow direct transactions without intermediaries and commissions for all Moldovan citizens. The new platform was developed by the Moldovan Ministry of Finance with the support of the USAID project “Transparency of the Financial Sector in Moldova”. Government securities are one of the most reliable investment instruments due to the full guarantee provided by the state. Through GS, the state will borrow funds from citizens to finance the country's development projects and economic growth. GS include treasury bonds issued for up to one year and government bonds issued for more than 1 year. It is planned that the launch of the eVMS.md platform will allow citizens who are in the country or abroad, but have a bank account in Moldova, to invest in GS, and the Ministry of Finance - to take loans from individuals to finance various development projects of the country - social, infrastructural, etc. The active participation of investors on the GS market represents a form of civic involvement of citizens in the economic growth of the country. Through the eVMS.md online platform, Moldovan citizens will be able to: create a personalized account; carry out online transactions related to investments in GS without intermediaries; have access to up-to-date information, such as current and historical rates; conduct transparent and secure transactions; manage their account and investments made 24 hours a day, 7 days a week, with maximum flexibility in investment management. Investing in GS offers many advantages: security, regular income, accessibility, contribution to development. In particular, these investments are guaranteed by the state and provide financial stability, citizens can receive a constant and predictable income. The eVMS.md platform will make the process of buying GS quick and easy, and investments in GS will contribute to the development of the country. Since the creation of the GS market in 1995, the state has been making timely payments for their redemption and paying the corresponding interest. It should be noted that in 2020, with the support of the USAID project “Transparency of the Financial Sector in Moldova”, the concept of the Program of Direct Sale of Government Securities to Individuals was developed. This will allow individuals to purchase GS through an electronic platform. GS issues will be made through direct placement to individuals, without the intermediation of primary dealers. In 2024, with the support of the same project, an information system “Program for Direct Sale of Government Securities to Individuals” was implemented based on the developed concept. This program is an electronic platform for direct sale of government securities (through the website) to individuals. Thus, the access of individual investors to GS in Moldova becomes simpler and more direct. // 23.07.2024 - InfoMarket.
