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MOF receives us$11 million from placement of government securities
The Moldovan Ministry of Finance brought budgetary revenues of 133 million lei (US$11 million) from the placement of government securities at an auction held on Tuesday, July 31. The MoF put up for sale state securities worth 133 million lei, whereas the demand of the banks stood at 254.5 million lei, which is by 17 million lei less against the figure recorded at the previous auction. The average weighted income collected from the placement of state securities put on circulation for 91, 182 and 364 days stood at 5.57-7.35%, which is little lower than at the previous auction.
The profitability index of the state securities exceeds the inflation rate, which stood at 3.7% in June. In 2011, Moldova reported an inflation rate of 7.8%. The National Bank of Moldova forecast an inflation rate of 6.5% for 2012. In late January, the bank decreased the forecast figure to 4.9% for 2013 and to 4.8% for 2013. This tendency points to the fact that the annual inflation index will stand at 3.9% in 2012-2013.
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Moldova's news
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Wednesday, 15 may, 2013
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Tuesday, 14 may, 2013
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Sunday, 12 may, 2013
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Wednesday, 8 may, 2013
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Tuesday, 7 may, 2013
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Sunday, 5 may, 2013
Saturday, 4 may, 2013
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