Ministry of Finance of Georgia Treasury Note Auction Results
On August 31, 2016, GEL 10 000 000 10-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 25 020 000. Minimum yield was 9.450%, maximum yield was 9.900% and the weighted average yield was fixed at 9.612%.
The coupon rate was 10.500%. Coupons will be paid semiannually.