This tool allows citizens to invest their savings directly in government bonds without intermediaries, entirely online. Interest rates for the current subscription rounds are set at the following levels, depending on the maturity: 1 year – 7.45% per annum, 2 years – 7.55% per annum, 3 years – 7.65% per annum, 4 years – 7.85% per annum.
The face value is 100 lei per bond. Interest is paid semiannually to the investor’s bank account. Purchases are available around the clock (24/7). Since May, the Ministry of Finance has switched to a continuous subscription mechanism, updating interest rates every 14 days in line with market conditions.
In the ministry’s official press release, the exact size of the offering for this subscription round was intentionally not specified. Strict limits on the offering size for individuals on the eVMS.md platform have been removed.
The agency aims to fully meet public demand, provided that the returns sought by investors fall within the established range of fixed rates.
Supply and Demand Trends
Actual sales volumes demonstrate high demand from the public, which in some rounds significantly exceeds expectations. Since the Ministry of Finance publishes aggregated data after the fact, the final statistics for current rounds provide an overall picture of citizens’ investment activity.
Over the past year, Moldovan citizens directly invested 525.33 million lei in government bonds through the platform (a total of 2,131 investors participated). The final round in December 2025 brought 51.5 million lei to the treasury from 566 citizens.
The ministry also notes a record-breaking start to 2026. In the first round of the current year, held in January, public interest surged—the volume of actual sales jumped to 152 million lei in just a single subscription session. According to the ministry, in the first three months of 2026, individuals purchased government securities totaling over 223.51 million lei.
The winter rush gave way to a spring surge. In April, sales in just one category of bonds exceeded 43.3 million lei, and the total volume of investments for the month surpassed the 131 million lei mark, significantly exceeding the ministry’s baseline targets.
