Refinancing Auction

Refinancing Auction

30 October, 2014
NBG conducted 7-days refinancing auction on October 30, 2014. Auction volume amounted to GEL 350 mln and it was allotted to six 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.