Ministry of Finance of Georgia Treasury Note Auction Results
On June 11, 2014, GEL 15 000 000 2-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.
Seven commercial banks participated in the auction. The total demand amounted to GEL 33 500 000. Minimum yield was 7.700%, maximum yield was 7.820% and the weighted average yield was fixed at 7.789%.
The coupon rate was 8.000%. Coupons will be paid semiannually.