Ministry of Finance of Georgia Treasury Note Auction Results
On April 27, 2016, GEL 10 000 000 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 33 420 000. Minimum yield was 11.500%, maximum yield was 11.890% and the weighted average yield was fixed at 11.749%.
The coupon rate was 11.750%. Coupons will be paid semiannually.