Moldova's domestic public debt amounted to 38 billion 952.7 million lei at the end of August, having increased by 4 billion 460.3 million lei since the beginning of the year.
According to the Ministry of Finance, the growth of the domestic state debt in January-August 2023 was mainly due to an increase in the issue of government securities (GS) on the primary market by about 4 billion 568.3 million lei. In particular, as of end-August 2023, the debt on government securities issued on the primary market amounted to about 24 billion 758.06 million lei, up by 4 billion 568.26 million lei compared to end-2022 (20 billion 189.8 million lei). At the same time, the debt on bonds issued to fulfill the Ministry of Finance's payment obligations arising from the state guarantees of November 17, 2014 and April 1, 2015, at the end of August 2023, amounted to 12 billion 061.2 million lei, remaining unchanged compared to the situation at the end of 2022. At the same time, the debt on converted government securities at the end of June 2023 amounted to 2 billion 133.43 million lei, decreasing by 107.94 million lei compared to the situation at the end of 2022 (2 billion 241.37 million). According to the Ministry of Finance, in January-June 2023, the weighted average interest rate on GS sold at auctions amounted to 9.68% (by type of GS: 91 days - 10.82%, 182 days - 9.95%, 364 days - 9.05%, 2 years - 9.82%, 3 years - 9.22%, 5 years - 7.87%), decreasing by 6.13 p.p., compared to the same period in 2022. As InfoMarket reported earlier, Moldova's domestic state debt in 2022 increased by 1 billion 211 million lei (+3.6%) and amounted to 34 billion 492.37 million lei as of the end of December. // 04.09.2023 - InfoMarket
