Ministry of Finance of Georgia
On December 18, 2013, GEL 8 000 000 5-year Treasury Notes of Ministry of Finance were sold at the Auction held at NBG.
Two commercial banks participated in the auction. The total demand amounted to GEL 8 000 000. Minimum yield was 7.440%, maximum yield was 7.950% and the weighted average yield was fixed at 7.511%.
The coupon rate was 7.9%. Coupons will be paid semiannually.