Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

22 June, 2011

On June 22, 2011, CDs (Certificates of Deposit) at the nominal value of 35 000 000 GEL were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction #25. The securities were purchased by three commercial banks. The minimum interest rate was 8.61%, the maximum interest rate was 8.75%, and the average weighted interest rate was 8.73%.