Primaria satului Sireți made significant progress by issuing and admitting its municipal bonds to trading on the ATS of the Moldova Stock Exchange (MSE). This decision represents a continuation of efforts to attract capital for financing local projects.
The intermediary for the municipal bond issuance is VICTORIABANK, a commercial bank with extensive experience in managing and distributing financial instruments on the capital market. The intermediary’s role was essential in facilitating the City Hall’s access to investors and ensuring compliance throughout the issuance and admission process on the ATS of the Moldova Stock Exchange, thereby providing professional support in structuring and promoting the municipal bonds to a wide range of potential investors.
In a context where an increasing number of local administrations are seeking innovative financing sources for public projects in infrastructure, education, and healthcare, the issuance of municipal bonds has become an alternative to traditional bank loans. By issuing and listing municipal financial instruments on the ATS of the Moldova Stock Exchange, Primaria satului Sireți aims to attract investors to address the needs of modernizing local infrastructure, offering them a secure, transparent, and competitive investment vehicle.
Characteristics of the municipal bond issuance by Primaria satului Sireți:
| Maturity period |
ISIN
|
Nominal value, MDL |
Quantity, units |
Issuance volume, thousand mdl |
Settlement date |
Maturity date |
Type
OM |
Annual interest rate, % |
| 2 years |
MD2004000068 |
1 000 |
1 500 |
1 500,00 |
24.09.2025 |
24.09.2027 |
Fixed-rate municipal bonds |
8,75 |
| 3 years |
MD2004000076 |
1 000 |
1 500 |
1 500,00 |
24.09.2025 |
24.09.2028 |
Fixed-rate municipal bonds |
9,00 |