Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

22 November, 2011

On November 22, 2011, CDs (Certificates of Deposit) at the nominal value of 20 000 000 GEL were sold at the 84-day, National Bank of Georgia Certificate of Deposit Auction #47. The securities were purchased by three commercial banks. The minimum interest rate was7.94%, maximum interest rate was 8.07%,and the average weighted interest rate was 8.05%.