Moldova's internal state debt in April 2025 increased by 1 billion 339.6 million lei (+2.9%) and reached a new record high of 48 billion 088.3 million lei
It should be noted that the previous record high for internal state debt was recorded as of the end of March, when it amounted to 46 billion 748.7 million lei. Overall, since the beginning of 2025, Moldova's internal state debt has increased by 4 billion 127.1 million lei (+9.4%). According to the Ministry of Finance, the internal debt in January-April 2025 increased mainly due to the increase in the issuance of government securities on the primary market by 3 billion 882.33 million lei. In particular, as of the end of April, the debt on government securities issued on the primary market amounted to about 34 billion 123.17 million lei, which is 3 billion 882.33 million lei (12.8%) more than at the end of 2024 (30 billion 240.84 million lei), and it accounted for 70.9% of the total internal state 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 April 2025, unchanged compared to the situation at the end of 2024. It accounts for 23.8% of the total amount of Moldova's internal state debt as of the end of April 2025. At the same time, the debt on convertible government securities as of the end of April 2025 amounted to 2 billion 068.2 million lei, down by 1.32 million lei (-0.06%) compared to the situation as of the end of 2024 (2 billion 069.52 million lei), and amounted to 4.3% of the total amount of internal state debt as of the end of April 2025. The debt on government securities issued through direct placement by individuals amounted to 475.72 million lei (1% of the total amount), increasing by 246.1 million lei (2.1 times), compared to the situation as of the end of 2024 (229.62 million lei). According to the Ministry of Finance, in January-April 2025, the average weighted interest rate on government securities sold at auctions amounted to 8.61% per annum, which is 3.65 p.p. more, compared to the 2024 figure. By type of securities, the yield was: GS-91 days - 3.02%, GS-182 days - 8.21%, GS-364 days - 9.24%, GB (Government Bonds)-2 years - 7.86%, GB-3 years - 7.26% per annum, GB-5 years - 8.5%, GB-7 years - 9%. As previously reported by InfoMarket, Moldova's internal state debt in 2024 increased by 4 billion 295.06 million lei (+ 10.8%), and reached 43 billion 961.18 million lei. // 30.04.2025 — InfoMarket
