Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

14 September, 2011

On September 14, 2011, CDs (Certificates of Deposit) at the nominal value of 25 000 000 GEL were sold at the 84-day, National Bank of Georgia Certificate of Deposit Auction #37. The securities were purchased by five commercial banks. The minimum interest rate was 7.60%, the maximum interest rate was 7.98%, and the average weighted interest rate was 7.79%.