Ministry of Finance of Georgia Treasury Note Auction Results

Ministry of Finance of Georgia Treasury Note Auction Results

16 April, 2014

On April 16, 2014, GEL 10 000 000 5-year Treasury Notes of Ministry of Finance were sold at the Auction held at NBG.

Five commercial banks participated in the auction. The total demand amounted to GEL 10 000 000. Minimum yield was 10.000%, maximum yield was 10.470% and the weighted average yield was fixed at 10.255%.

The coupon rate was 9.500%. Coupons will be paid semiannually.