Refinancing Auction

Refinancing Auction

25 December, 2014

NBG conducted 6-days refinancing auction on December 25, 2014. Auction volume amounted to GEL 550 mln and it was allotted to five commercial banks. The minimum interest rate was 4.01%, the maximum - 4.06%, and the weighted average - 4.05%. Refinance Auctions, the Monetary policy instrument, are held weekly, every Thursday.