Results of the Certificates of Deposit (CD) Auction
On April 27, 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 #17. The securities were purchased by five commercial banks. The minimum interest rate was 8.70%, the maximum interest rate was 8.75%, and the average weighted interest rate was 8.75%.