BVB CEO: BVB working with MIPE on guarantee mechanisms for municipal bonds from EU funds

The Bucharest Stock Exchange is collaborating with the Ministry of Investments to create guarantee mechanisms for municipal bonds under the EU's upcoming financial framework. CEO Remus Vulpescu emphasized the importance of these mechanisms for financing projects from 2027 to 2032. He highlighted the potential of the capital market for local authorities and encouraged them to seek funding through it. Alba Iulia recently listed a new municipal bond issue worth 30 million euros, showcasing the city's proactive approach. The bonds will have a variable interest rate and mature in 2036, marking the seventh issue from Alba Iulia on the exchange.