Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

18 July, 2012

On July 18, 2012, CDs (Certificates of Deposit) at the nominal value of 30 000 000 GEL were sold at the 84-day, National Bank of Georgia Certificate of Deposit Auction N29. The securities were purchased by six commercial banks. The minimum interest rate was 5.80%, the maximum interest rate was 6.22%, and the average weighted interest rate was 6.08%.