Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

14 March, 2012

On March 14, 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 N11.  The securities were purchased by three (3) commercial banks.  The minimum interest rate was 5.85%, the maximum interest rate was 5.95%, and the average weighted interest rate was 5.94%.