Ministry of Finance of Georgia Treasury Note Auction Results
On April 19, 2017, GEL 20 000 000 10 -year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.
Four commercial banks participated in the auction. The total demand amounted to GEL 38 520 000. Minimum yield was 9.800%, maximum yield was 10.750% and the weighted average yield was fixed at 9.973%.
The coupon rate was 10.500%. Coupons will be paid semiannually.