Ministry of Finance of Georgia Treasury Note Auction Results
On January 20, 2016, GEL 10 000 000 5-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 GEL 14 575 000. Minimum yield was 14.490%, maximum yield was 14.950% and the weighted average yield was fixed at 14.772%.
The coupon rate was 14.375%. Coupons will be paid semiannually.