On May 11, 2016, GEL 20 000 000 2-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

Five commercial banks participated in the auction. The total demand amounted to GEL  73 700 000. Minimum yield was 9.330%, maximum yield was 10.000% and the weighted average yield was fixed at 9.791%.

The coupon rate was 13.375%. Coupons will be paid semiannually.