Ministry of Finance of Georgia Treasury Note Auction Results

Ministry of Finance of Georgia Treasury Note Auction Results

04 December, 2013

On December 4, 2013, GEL 20 000 000 2 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 21 700 000. Minimum yield was 5.100%, maximum yield was 5.400% and the weighted average yield was fixed at 5.186%.

The coupon rate was 5.1%. Coupons will be paid semiannually.