refinancing auction

refinancing auction

24 April, 2014

NBG conducted 7 days refinancing auction on April 24, 2014. Auction volume amounted to GEL 547 6 mln and it was allotted to five commercial banks. The minimum interest rate was 4.00%, the maximum -  4.02%, and the weighted average - 4.00%. Refinance Auctions, the Monetary policy instrument, are held weekly, every Thursday.