Ministry of Finance of Georgia Treasury Note Auction Results
On December 26, 2012, GEL 5 000 000 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 5 020 000. Minimum yield was 11.000%, maximum yield was 11.250% and the weighted average yield was fixed at 11.124%.
The coupon rate was 10.8%. Coupons will be paid semiannually.