Ministry of Finance of Georgia Treasury Note Auction Results

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.