Ministry of Finance of Georgia Treasury Note Auction Results

Ministry of Finance of Georgia Treasury Note Auction Results

06 April, 2016

On April 6, 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  62 520 000. Minimum yield was 10.450%, maximum yield was 12.000% and the weighted average yield was fixed at 11.817%.

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