Ministry of Finance of Georgia Treasury Note Auction Results

Ministry of Finance of Georgia Treasury Note Auction Results

18 July, 2018

On July 18, 2018,  GEL 25 000 000  10-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

Four commercial banks participated in the auction. The total demand amounted to GEL 64 020 000. Minimum yield was 8.900%, maximum yield was 9.030% and the weighted average yield was fixed at 9.016%.

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