Ministry of Finance of Georgia Treasury Note Auction Results
On February 5, 2014, GEL 10 000 000 10-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.
Five commercial banks participated in the auction. The total demand amounted to GEL 27 500 000. Minimum yield was 10.500%, maximum yield was 12.000% and the weighted average yield was fixed at 11.698%.
The coupon rate was 11.6%. Coupons will be paid semiannually.