Refinancing Auction

Refinancing Auction

18 December, 2014

NBG conducted 7-days refinancing auction on December 18, 2014. Auction volume amounted to GEL 510 mln and it was allotted to seven commercial banks. The minimum interest rate was 4.00%, the maximum - 4.03%, and the weighted average - 4.00%. Refinance Auctions, the Monetary policy instrument, are held weekly, every Thursday.