
The 5th issue of maib corporate bonds with a total value of EUR 100 million has been admitted to the regulated market of the Stock Exchange of Moldova from January 22.
According to the report of the Stock Exchange of Moldova (BVM), in particular, the matter concerns 5 thousand bonds with a nominal value of 20 thousand lei per unit with a placement period of 3 years. The total value of the issue is 100 million lei. The interest rate is floating, linked to the weighted average interest rate on new deposits attracted in national currency in the banking sector as a whole, with maturity from 6 to 12 months, published on the official website of BNM www.bnm.md on the corresponding date before the first day of the offer period (4,46% - for the first 12 coupons) + fixed margin set for the VI class (1,00%). The frequency of interest payment is 12 times a year (monthly). As noted by BVM, this issue of maib corporate bonds is the first under maib's announced Offering Program for the period 04.12.2023 - 04.12.2024. In total, maib plans to raise 1 billion lei through 10 bond issues of different classes worth 100 million lei each. // 23.01.2024 - InfoMarket