Moldova’s National Commission for Financial Markets approved the prospectus for Ceadîr-Lunga municipality’s MDL 8 million primary market bond offering. The issue comprises 8,000 bonds with a nominal value of MDL 1,000 each, divided into 3,000 two-year bonds carrying a floating rate plus a 3.25% fixed margin and 5,000 three-year bonds carrying a floating rate plus a 3.50% fixed margin. Proceeds will finance four local public investment projects covering water and sewerage modernization, business-support infrastructure and street rehabilitation. The commission also registered Centrul II’s MDL 4 million additional share issue, which raises its share capital to MDL 33 million. It approved valuation reports for 49 shareholdings managed by three fiduciary administrators, allowing price reductions of up to 5% to support the continued sale of securities left unsold at Moldova Stock Exchange auctions as fiduciary investment management activities are wound down.