Ministry of Finance of Georgia Treasury Note Auction Results
On March 23, 2016, GEL 10 000 000 5-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 47 515 000. Minimum yield was 13.300%, maximum yield was 13.340% and the weighted average yield was fixed at 13.336%.
The coupon rate was 14.375%. Coupons will be paid semiannually.