Ministry of Finance of Georgia Treasury Note Auction Results
16 November, 2016
On November 16, 2016, GEL 20
000 000 5 -year Ministry of Finance Treasury Notes were
sold at the Auction held at NBG.
Three commercial banks participated in the auction. The total demand amounted to GEL 25 000 000. Minimum yield was 8.150%, maximum yield was 8.500% and the weighted average yield was fixed at 8.283%.
The coupon rate was 7.625%. Coupons will be paid semiannually.
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