Ministry of Finance of Georgia Treasury Note Auction Results

Ministry of Finance of Georgia Treasury Note Auction Results

19 December, 2012

On December 19, 2012,  GEL 9 020 000  5-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 10 020 000. Minimum yield was 8.500%, maximum yield was 8.800% and the weighted average yield was fixed at 8.689%.

The coupon rate was 8%. Coupons will be paid semiannually.