Ministry of Finance of Georgia Treasury Note Auction Results

Ministry of Finance of Georgia Treasury Note Auction Results

07 July, 2020

On, 2020, July 7 GEL 70 000 000 2-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

Seven commercial banks participated in the auction. The total demand amounted to GEL 132 010 000. Minimum yield was 8.200%, maximum yield was 8.550% and the weighted average yield was 8.371%.

The coupon rate was 9.375%. Coupons will be paid semiannually.