Moldova Public Debt Reaches 41 Billion Lei: About 17 Thousand Lei Per Citizen

Moldova’s domestic public debt reached 41 billion lei at the end of October 2024. According to the Finance Ministry, in comparison to the beginning of this year, the increase totaled 1.3bn lei. The rise took place mostly due to the increase in the issue of state securities (SS) on the primary market by 1.6 billion lei, as well as to the redemption of a part of SS issued to fulfil payment obligations under state guarantees, in the amount of 330 million lei, rupor.md reports citing bani.md. The internal public debt per capita, according to the current Moldovan population – about 2.4 million people, is almost 17 thousand lei. For the first 10 months of 2024, the weighted average interest rate on VIS sold through auctions was 4.65% (by type of VIS: 91 days - 2.19%, 182 days - 4.40%, 364 days - 4.94%, 2 years - 5.33%, 3 years - 5.17%, 5 years - 5.80%, 7 years - 5.79%, 10 years - 7.00%), down 3.97 percentage points from 2023.