Ministry of Finance of Georgia Treasury Note Auction Results
On February 24, 2016, GEL 10 000 000 10-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.
Two commercial banks participated in the auction. The total demand amounted to GEL13 266 000. Minimum yield was 15.250%, maximum yield was 15.750% and the weighted average yield was fixed at 15.478%.
The coupon rate was 10.500%. Coupons will be paid semiannually.