Ministry of Finance of Georgia Treasury Note Auction Results

Ministry of Finance of Georgia Treasury Note Auction Results

12 December, 2012

On December 12, 2012,  GEL 5 000 000  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 7 520 000. Minimum yield was 6.770%, maximum yield was 6.970% and the weighted average yield was fixed at 6.866%.

The coupon rate was 6.8%. Coupons will be paid semiannually.