Leova Primary School
Ungheni’s Plans
The Ungheni City Hall plans to raise 10 million lei, which will be used to modernize six streets with a total area of approximately 25,600 m², as part of the investment project “Modernization of Local Roads in the Municipality of Ungheni.”
The issue consists of 10,000 bonds with a face value of 1,000 lei each and is structured into three classes:
2-year bonds with a fixed interest rate of 9.5%,
3-year bonds with a fixed interest rate of 10%,
4-year bonds with a floating interest rate calculated based on the benchmark rate for 182-day treasury bills, plus a fixed margin of 0.5 percentage points. \
Leova’s Plans
The Leova City Hall intends to raise 9 million lei, which will be invested in the reconstruction and modernization of two courtyards in the city’s central district, located in five adjacent blocks with a total area of approximately 1.7 hectares.
The investment will include the development of this area—sidewalks, playgrounds, lighting, green spaces, street furniture, and road infrastructure. The investment is being carried out as part of a project for urban reconstruction and the development of public space infrastructure.
The issue consists of 9,000 bonds with a face value of 1,000 lei each, structured similarly into three classes: a 2-year term with a fixed interest rate of 9.5%, a 3-year term with a fixed interest rate of 10%, and a 4-year term with a floating interest rate.
As with previous municipal securities issuances, this issue is being carried out with the support of the Independent Analytical Center “Expert Grup” in partnership with the financial intermediary Victoriabank, as well as the Embassy of the Netherlands in Moldova.
As a reminder, municipal bonds issued by local governments in Moldova are used to finance capital investments or to refinance debt incurred during their implementation.
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