Development of the Government Securities Market of the Republic of Moldova through Increasing the Investment Attractiveness of These Instruments

In the current period, when countries, including the Republic of Moldova, need to identify financial resources, the need is constantly growing, and investors are increasingly interested in diversifying their investment portfolios into safe and profitable financial instruments. The development of the government securities market and increasing the attractiveness of these financial instruments are becoming primary considerations and objectives. The purpose and objective of this article is to provide an analysis of the particularities of the Moldovan government securities market, international experiences and best practices on this topic (Romania, Hungary, Türkiye, Brazil, Canada) with a view to identifying opportunities for development of the Moldovan government securities market. The development opportunities identified by the authors as a result of the research focus on aspects aimed at increasing the attractiveness of Moldovan government securities and diversifying the investor base, such as market accessibility, the diversity of instruments, financial benefits, and opportunities to manage related investment risks. The methodology includes analytical, descriptive, synthesis, quantitative, qualitative, comparison, and graphical methods.