Ministry of Finance of Georgia Treasury Note Auction Results
On January 13, 2016, GEL 36 400 000 2-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 40 700 000. Minimum yield was 12.400%, maximum yield was 13.880% and the weighted average yield was fixed at 13.757%.
The coupon rate was 13.750%. Coupons will be paid semiannually.