Ministry of Finance of Georgia Treasury Note Auction Results
On May 4, 2016, GEL 10 000 000 10-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 19 520 000. Minimum yield was 12.200%, maximum yield was 13.750% and the weighted average yield was fixed at 12.693%.
The coupon rate was 10.500%. Coupons will be paid semiannually.