Ministry of Finance of Georgia Treasury Note Auction Results
On August 22, 2012, GEL 10 000 000 5 year Treasury Notes of Ministry of Finance were sold at the Auction held at NBG.
Four commercial banks participated in the auction. The total demand amounted to GEL 18 350 000. Minimum yield was 8.390%, maximum yield was 8.500% and the weighted average yield was fixed at 8.442%.
The coupon rate was 8.5%. Coupons will be paid semiannually.