Ministry of Finance of Georgia Treasury Note Auction Results
On May 7, 2014, GEL 10 000 000 10-year Treasury Notes of Ministry of Finance were sold at the Auction held at NBG.
Three commercial banks participated in the auction. The total demand amounted to GEL 10 000 000. Minimum yield was 11.460%, maximum yield was 11.980% and the weighted average yield was fixed at 11.590%.
The coupon rate was 11.600%. Coupons will be paid semiannually.