Moldova's domestic public debt increased by 970.2 million lei (+2.2%) in February 2025 and reached a new record high of 45 billion 298.5 million lei
It should be noted that the previous record high of the domestic public debt was registered a month earlier, at the end of January, when it amounted to 44 billion 328.3 million lei. In general, since the beginning of 2025, Moldova's domestic public debt has increased by 1 billion 337.32 million lei (+3.04%). According to the Ministry of Finance, the growth of the domestic public debt in January-February 2025 was due to an increase in the issuance of government securities on the primary market in the amount of 1 billion 343.5 million lei. In particular, as of the end of February 2025, the debt on government securities issued on the primary market amounted to about 31 billion 584.32 million lei, which is 1 billion 343.48 million lei (4.4%) more than at the end of 2024 (30 billion 240.84 million lei), and it accounted for 69.7% 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 the state guarantees of November 17, 2014 and April 1, 2015, amounted to 11 billion 421.2 million lei at the end of February 2025, unchanged compared to the situation at the end of 2024. It accounts for 25.2% of the total amount of Moldova's domestic public debt at the end of February 2025. Herewith, the debt on convertible government securities at the end of February 2025 amounted to 2 billion 063.39 million lei, decreasing by 6.13 million lei (-0.3%) compared to the situation at the end of 2024 (2 billion 069.52 million lei), and amounted to 4.6% of the total amount of domestic public debt at the end of February 2025. The debt on government securities issued through direct placement by individuals amounted to 229.62 million lei (0.5% of the total amount). According to the Ministry of Finance, in January-February 2025, the average weighted interest rate on government securities sold at auctions amounted to 7.42% per annum, which is 2.46 percentage points more compared to the 2024 figure. By type of securities, the yield was: GS-91 days - 3.01%, GS-182 days - 7.31%, GS-364 days - 7.82%, GO-2 years - 7%, GO-3 years - 7.1% per annum, GO-5 years - 8.5%. As previously reported by InfoMarket, Moldova's domestic public debt in 2024 increased by 4 billion 295.06 million lei (+10.8%) and reached 43 billion 961.18 million lei. // 03.03.2025 – InfoMarket.
