Ministry of Finance of Georgia Treasury Note Auction Results
On May 13, 2015, GEL 15 000 000 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 16 250 000. Minimum yield was 11.700%, maximum yield was 12.250% and the weighted average yield was fixed at 12.107%.
The coupon rate was10.250%. Coupons will be paid semiannually.