Moldova’s internal public debt at the end of October amounted to 39 billion 194.92 million lei, having increased from the beginning of the year by 4 billion 702.55 million lei (+13.6%).
At the same time, in comparison with September 2023, when a new record high of domestic public debt was recorded - 39 billion 823.97 million lei, its figure in October decreased by 629.05 million lei (-1.6%). According to the Ministry of Finance, in general, the increase in domestic government debt in January-October 2023 was mainly due to an increase in the issue of government securities on the primary market. In particular, as of the end of October 2023, the debt on government securities issued on the primary market amounted to about 25 billion 309.9 million lei, which is 5 billion 120.6 million lei (25.4%) more, than at the end of 2022 (20 billion 189.8 million lei), and its share accounted for 64.6% of the total domestic public debt. Herewith, the debt on bonds issued for the fulfillment by the Ministry of Finance of payment obligations arising from state guarantees dated November 17, 2014 and April 1, 2015, at the end of October 2023 amounted to 11 billion 751.2 million lei, decreasing by 310 million lei (-2.6%), compared with the situation at the end of 2022 (12 billion 061.2 million lei). Its share accounted for 30% of the total amount of Moldova’s internal public debt at the end of October 2023. Meanwhile, the debt on converted government securities at the end of October 2023 amounted to 2 billion 133.43 million lei, decreasing compared to the situation at the end of 2022 (2 billion 241.37 million), by 107.94 million lei (-4.8%) and amounting to 5.4% of the total amount of domestic public debt at the end of October 2023. According to the Ministry of Finance, in January-October 2023 the weighted average interest rate on government securities sold at auctions amounted to 9.16%; which is less by 7.78 percentage points compared to the same period in 2022. By type of security, return for 9 months amounted to: GS-91 days – 9.86%, GS-182 days – 9.46%, GS-364 days – 8.66%, GS-2 years – 9.46%, GS-3 years – 8.74 %, GO-5 years - 7.87%, GB-7 years - 8.62%, GB-10 years - 8.25% (GS - government securities, GB - government bonds). As previously reported by the InfoMarket agency, Moldova's internal public debt in 2022 increased by 1 billion 211 million lei (+3.6%) and amounted to 34 billion 492.37 million lei at the end of December.// 06.11.2023 — InfoMarket
