Ministry of Finance of Georgia Treasury Note Auction Results

Ministry of Finance of Georgia Treasury Note Auction Results

21 August, 2013

On August 21, 2013, GEL 10 000 000  10-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 17 000 000. Minimum yield was 9.500%, maximum yield was 9.920% and the weighted average yield was fixed at 9.605%.

The coupon rate was 10.%. Coupons will be paid semiannually.