
Government securities with a long circulation period were offered for sale on the Stock Exchange of Moldova for the first time.
This was recalled by the National Commission for the Financial Market, noting that they are available for trading on the regulated market of the Stock Exchange of Moldova from May 30, 2023. The total volume of the first 4 issues of government securities admitted to the Stock Exchange of Moldova is 106 million lei, they provide for different periods repayments (2, 3, 5 and 7 years) and attractive fixed interest rates (8-9% per annum), which are paid every six months, with the support and guarantees of the Moldovan government. The main advantage for investors as a result of buying GS on the Stock Exchange of Moldova is the diversification of opportunities for partial or full sale of GS ahead of schedule, if necessary, as well as receiving interest associated with the holding period. Moldovan investors have so far given greater preference to government securities for short periods, also due to the fear that in case of urgent need they will not be able to quickly and without losses ahead of schedule receive the invested amounts. Also, trading in government bonds on the stock exchange will stimulate long-term investments, so the Ministry of Finance will be able to increase the share of loans in the local market with longer maturities over time. Transactions with long-term government securities can be carried out by individuals or legal entities, residents or non-residents of Moldova, through a broker - an investment company licensed by the National Commission for Financial Markets. Additional information on trading procedures, costs and other information can be obtained from authorized investment companies and from the Stock Exchange of Moldova. In order to stimulate the internal capital market and attract investments with the help of this financial instrument, the NCFM does not charge commission for GS transactions, and the Stock Exchange of Moldova has reduced the commission charged for these transactions by 50%. Admission to trading of government securities on the Stock Exchange of Moldova is the result of joint efforts of the Stock Exchange of Moldova, the Ministry of Finance, the National Commission for Financial Markets and the National Bank of Moldova.// 13.06.2023 — InfoMarket