Results of the Certificates of Deposit (CD) Auction
On May 25, 2011, CDs (Certificates of Deposit) at the nominal value of 35 000 000 GEL were sold at the 90-day, National Bank of Georgia Certificate of Deposit Auction #21. The securities were purchased by four commercial banks. The minimum interest rate was 8.50%, the maximum interest rate was 8.72%, and the average weighted interest rate was 8.58%.