Ministry of Finance of Georgia Treasury Note Auction Results
On March 5, 2014, GEL 8 500 000 5-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.
Three commercial banks participated in the auction. The total demand amounted to GEL 16 000 000. Minimum yield was 10.000%, maximum yield was 10.720% and the weighted average yield was fixed at 10.073%.
The coupon rate was 10.073%. Coupons will be paid semiannually.
According to the "program for providing the economy with efficient facility to obtain long term resources", GEL 43 917 000 5-year Ministry of Finance Treasury Notes were sold at the Auction with the average yield at 10.073%. Participated twelve commercial banks.