Ministry of Finance of Georgia
On January 29, 2014, GEL 9 500 000 5 year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.
Two commercial banks participated in the auction. The total demand amounted to GEL 9 500 000. Minimum yield was 9.500%, maximum yield was 9.950% and the weighted average yield was fixed at 9.595%.
The coupon rate was 9.5%. Coupons will be paid semiannually.