Ministry of Finance of Georgia Treasury Bill Auction Results

Ministry of Finance of Georgia Treasury Bill Auction Results

24 August, 2016

On August 24, 2016, securities in the amount of GEL 40 000 000 with a maturity of 350-days were sold at the Ministry of Finance Treasury Bill Auction.

Seven commercial banks participated in the auction. The total demand amounted to GEL 117 000 000. Minimum yield was 6.400%, maximum yield was 6.600% and the weighted average yield was fixed at 6.511%.