The first issue of state securities on eVMS.md, the direct trading marketplace available to individuals, is scheduled for September 26. On September 6, ten days before the start of the subscription period, the Ministry of Finance will notify all users about the upcoming issue.
This 10-day period is designed to allow plenty of time for every user registered on the platform to decide whether they want to subscribe or not, explained State Secretary of Finance Ion Gumene during the Diaspora Business Forum 2024.
Beginning on September 16, for the next 10 days, all interested parties can participate in the subscription by indicating the volume of state securities they would like to purchase and the amount they will invest. Finally, on September 26, each user will be informed about the volume of state securities in their possession.
Currently the instrument is also available through the conventional method, which requires individuals to go in person to a commercial bank authorized as a primary broker and sign a specific set of documents under which the bank will submit bids in the trading process to buy state securities. With the launch of the online marketplace, the process is simplified, offering individuals a new instrument that makes access to state securities easier, Gumene added.
There are currently 1,070 active users registered on eVMS.md, almost double the number of individuals currently owning state securities.
eVMS.md was launched on July 31.
