“Over recent months, the National Bank of Georgia, together with the Ministry of Finance, has held extensive discussions with international investors, during which exceptionally strong interest in Georgia’s government bonds was observed,” said Natia Turnava, Governor of the National Bank of Georgia, commenting on the placement of USD 500 million in Eurobonds by the Government of Georgia on the London Stock Exchange.

International investor demand for Georgian securities reached a record high of up to USD 2.8 billion, which is five and a half times the amount offered to the market. More than 100 international investors participated in the transaction.

“This clearly indicates that investors perceive lower risk in Georgia, a perception that was also reflected in the coupon rate,” noted Natia Turnava.

According to the Governor of the National Bank of Georgia, from investors’ perspective, Georgia’s sovereign risk is lower than in 2021, when the country last issued Eurobonds.

“The strong investor interest reflects confidence in Georgia’s economic fundamentals, development trajectory, government policies, and the country’s ability to preserve a peaceful environment despite significant regional challenges,” the NBG Governor stated.