VMS

More than 104 million lei was paid to investors who purchased SS with a maturity of 1 year through evms.md in 2025, Logos Press reported.

Citizens invested more than 90.5 million lei through the eVMS.md platform in the first 5 days of subscription to SS, Logos Press reported.

At the first auction on sale of government securities this year, the demand for securities significantly exceeded the volume of the offered issue, fixing the interest of credit organizations to place liquidity in short-term debt instruments with high yields, Logos Press reports.

The Ministry of Finance announces the extension for 2026 of the investment program of direct subscriptions through the electronic platform eVMS.md and encourages all citizens of the country to register more actively on the platform next year and to lend to the government, – reports Logos Press.

Moldova’s domestic public debt increased by 5.6 billion lei (+12.7%) in the first eleven months of 2025, reaching 49.6 billion lei and setting a new record. This growth is mainly due to the increase in public expenditures and the need to meet payment obligations, Logos Press reported.

The state budget deficit for 2026 (21 billion lei) is planned to be covered also from domestic sources through the net issuance of government securities on the primary market, but the exact amount to be raised by this method is not mentioned, Logos Press reported.

Individuals invested more than 22 million lei in the purchase of government bonds during the regular subscription period in November on the eVMS.md platform.

The government’s desire to borrow more from the domestic market is not supported by commercial banks despite a stable supply of yields, Logos Press reported.

Citizens have become more active in lending to the government, having recently bought over 40 million lei worth of government securities through an online platform, Logos Press reported.

The next round of subscription for the purchase of state securities, carried out through the eVMS.md platform between October 6 and October 15, 2025, attracted investments worth a total of 28,514,800 lei, Logos Press reported.

In September, the government’s domestic borrowing returned to a growth trajectory and “sponsored” the budget, according to Logos Press.

The Ministry of Finance has analyzed the dynamics of government securities (GS) issuance and investor profile for the period from September 2024 to August 2025, Logos Press reported.