Ministry of Finance of Georgia Treasury Note Auction Results

Ministry of Finance of Georgia Treasury Note Auction Results

20 November, 2013

On November 20, 2013,  GEL 10 000 000  10-year Treasury Notes of Ministry of Finance were sold at the Auction held at NBG.

Two commercial banks participated in the auction. The total demand amounted to GEL 12 500 000. Minimum yield was 9.920%, maximum yield was 10.400% and the weighted average yield was fixed at 10.040%.

The coupon rate was 10.4%. Coupons will be paid semiannually.