
The first corporate bonds were admitted for placement on Moldova Stock Exchange since May 31, they are maib corporate bonds.
Moldova Stock Exchange has announced this news, noting that this event marks an important moment for the capital market in Moldova and is a valuable opportunity for both investors and issuers. The issuance of corporate bonds, admitted to the stock market for the first time, was launched by maib and represents an important step in financial market development in the country, consolidating maib's position as one of the main issuers of financial instruments on the local market. After being admitted to trading on Moldova Stock Exchange, maib corporate bonds become available to investors and can be traded on the secondary market. Admission of maib corporate bonds to trading on Moldova Stock Exchange increases transparency and liquidity of the local market. Investors will have an opportunity to participate in the growth and development of maib and benefit from the earning potential offered by these financial instruments. maib is one of the largest banks in Moldova and has a strong position in the financial market. Issuing corporate bonds is a strategic measure to diversify funding sources and support further development of its activities. Corporate bonds issued by maib have a maturity of 3 years and a floating interest rate paid quarterly, calculated on the basis of the interest rate offered by the bank to individuals on the maib Classic 365-day deposit + a fixed margin of 2%. Moldova Stock Exchange management urges capital market participants in our country to carefully analyze the investment opportunities offered by maib corporate bonds and consider the potential benefits and risks associated with them. In particular, maib offers corporate bonds with a maturity of 3 years and a total value of 58 million 540 thousand lei; the nominal value of one bond is 20 thousand lei. In total, the bank intends to carry out 4 issues of corporate bonds in 12 months for a total of 400 million lei. Admission of corporate bonds to Moldova Stock Exchange opens new opportunities for financing local companies. This market provides a safe and transparent environment for issuers, allowing them to access the capital they need to expand, develop and invest in growth projects. For investors, this initiative opens the door to an alternative financial asset class, giving them the opportunity to diversify their portfolios and generate attractive returns. With corporate bonds, investors can benefit from competitive interest rates and invest in different sectors of the economy, thereby contributing to the sustainable development of the national economy. // 31.05.2023 – InfoMarket