Ministry of Finance of Georgia Treasury Note Auction Results
On November 14 , 2012, GEL 5 000 000 2 year Ministry of Finance Treasury Notes 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 6.850%, maximum yield was 6.940% and the weighted average yield was fixed at 6.895%.
The coupon rate was 6.8%. Coupons will be paid semiannually.