Ministry of Finance of Georgia Treasury Note Auction Results
16 August, 2017
On August 16, 2017, GEL 20
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 37
170 000. Minimum yield was 9.250%, maximum yield was 9.900% and the weighted
average yield was fixed at 9.410%.
The coupon rate was 9.375%.
Coupons will be paid semiannually.