Ministry of Finance of Georgia Treasury Note Auction Results
On February 11, 2015, GEL 25 000 000 2-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 55 050 000. Minimum yield was 6.670%, maximum yield was 7.250% and the weighted average yield was fixed at 7.124%.
The coupon rate was 7.124%. Coupons will be paid semiannually.
According to the "program for providing the economy with efficient facility to obtain long term resources", GEL 49 998 000 2-year Ministry of Finance Treasury Notes were sold at the Auction with the average yield at 7.124%. Participated ten commercial banks.