On March 1, 2022, GEL 70 000 000 2-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

 

Three commercial banks participated in the auction. The total demand amounted to GEL 110 0 000. Minimum yield was 9.850%, maximum yield was 9.990% and the weighted average yield was 9.885%.

 

The coupon rate was 9.875%. Coupons will be paid semiannually.