Program for supporting 4 LPAs in Launching Municipal Bonds

Project goal and objectives
Project scope: to empower LPAs to raise funds for local infrastructure projects through issuance of local municipal bonds, as a means to foster the financial local autonomy on the one hand and contribute to capital market development on the other hand.
Objective 1. Increasing public awareness about municipal bonds as an instrument to local development and capital market development
Objective 2. Supporting 4 LPAs in issuing local municipal bonds
About project:
Through this project we propose to offer support to LPAs in using Local Municipial Bonds as a mean to increase their capacity to collect financial resources for development projects and offer support for an efficient management of this resources.
Main activities:
Evaluation of the 3 municipal bonds previously issued by Chisinau, Sangera and Ceadir-Lunga
Promoting the municipal bonds in the public and target audience
Selecting the beneficiary LPAs
Supporting 4 LPAs to issue municipal bonds
Donor: Embassy of the Kingdom of the Netherlands in Moldova
Supported by
News & releases

Expert-Grup Launches an Information Platform on Municipal Bonds
Thursday, 22 October 2026

Ceadîr-Lunga Municipality Town Hall Prepares Its Third Municipal Bond Issue
Tuesday, 12 May 2026

Costești Town Hall Issues MDL 4.5 Million in Municipal Bonds to Finance Local Infrastructure
Monday, 22 September 2025

Sireți Launches MDL 3 Million Public Bond Offering
Wednesday, 3 September 2025

Costești Town Hall prepares its first municipal bond issue – financial intermediary contracted
Monday, 23 June 2025

First Municipal Bonds for Sireți Town Hall: Financial Intermediary Contracted
Wednesday, 30 April 2025

Ceadîr-Lunga Launches Second Municipal Bond Issue to Modernise Infrastructure
Monday, 7 October 2024

Municipal Bonds in the Republic of Moldova: Results Three Years After the First Issues
Tuesday, 16 July 2024
Project video materials
Related events

Launch Event: Public Offering of Municipal Bonds Issued by the Ceadîr-Lunga City Hall
maib park, Mezaninne Auditorium
Wednesday, 29 July 2026

Launch Event: Public Offering of Local Public Authority Bonds Issued by Costești Town Hall
maib park, Mezaninne Auditorium
Monday, 22 September 2025 10:00 - 12:00 (a se vedea agenda)

Public Offering of Local Public Authority Bonds Issued by Sireți
Summit Events & Conference Center, sala Barcelona
Wednesday, 3 September 2025 10:00 - 12:00 (a se vedea agenda)

Launch Event: “Public Offering of Municipal Bonds Issued by the Municipality of Ceadîr-Lunga”
Hotel Courtyard by Marriott
Monday, 7 October 2024 10:00 - 12:00 (a se vedea agenda)

Round Table "Municipal Bonds in the Republic of Moldova – results 3 years after the first issues"
Hotel Bristol
Tuesday, 16 July 2024
Related publications
Expert-Grup Launches the Guide “Municipal Bonds Step by Step”, a Working Manual for Town Halls
Friday, 23 October 2026
The Impact of Municipal Bond Issues in the Republic of Moldova
Sectorul financiar·Politici de creștere economică·Dezvoltare rurală·Monday, 19 October 2026

Adrian Lupușor
Executive Director

Dumitru Pîntea
Associate Expert
Study: Municipal bonds in the Republic of Moldova - results 3 years after the first issuances
Dezvoltare rurală·Sectorul financiar·Tuesday, 16 July 2024

Adrian Lupușor
Executive Director

Dumitru Pîntea
Associate Expert

Ecaterina Rusu
Programme Director, "Trade Policy and Free Trade Area"

Serghei Merjan
Programme Director, "Public Sector: Economics, Management and Finance"


