Ministry of Finance of Georgia Treasury Note Auction Results
On November 5, 2014, GEL 10 000 000 10-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.
Six commercial banks participated in the auction. The total demand amounted to GEL 28 500 000. Minimum yield was 10.500%, maximum yield was 10.750% and the weighted average yield was fixed at 10.603%.
The coupon rate was 11.600%. Coupons will be paid semiannually.