
Ministry of Finance of Georgia Treasury Note Auction Results
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.