Results of the Certificates of Deposit (CD) Auction
On September 7, 2011, CDs (Certificates of Deposit) at the nominal value of 35 000 000 GEL were sold at the 183-day, National Bank of Georgia Certificate of Deposit Auction #36. The securities were purchased by three commercial banks. The minimum interest rate was 7.70%, the maximum interest rate was 7.87%, and the average weighted interest rate was 7.86%.