OREANDA-NEWS. State debt to the National Bank is represented in the form of government securities obtained in the NBM’s portfolio after conversion in 1998 and 2008 of the loans granted earlier by the National Bank to the Government in the person of the Ministry of Finance. The domestic state debt, previously contracted from the NBM, decreased following the redemption by the Ministry of Finance of securities to maturity, within the limits specified in the Law on State Budget for respective year.

  As of
May 31, 2015
(MDL million)		 Average interest rate (%)
Total internal public debt to the NBM, including: 2063.4 17.96
State securities (SS) in the NBM portfolio obtained from conversion of loans contracted previously from the NBM 2063.4 17.96