Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

05 October, 2011

On October 5, 2011, CDs (Certificates of Deposit) at the nominal value of 25 000 000 GEL were sold at the 182-day, National Bank of Georgia Certificate of Deposit Auction #40. The securities were purchased by three commercial banks. The minimum interest rate was 8.29%, the maximum interest rate was 8.68%, and the average weighted interest rate was 8.54%.