
Results of the Certificates of Deposit (CD) Auction
On August 24, 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 #34. The securities were purchased by three commercial banks. The minimum interest rate was 7.84%, the maximum interest rate was 7.96%, and the average weighted interest rate was 7.94%.