Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

20 April, 2011

On April 20, 2011, CDs (Certificates of Deposit) at the nominal value of 35 000 000 GEL were sold at the 182-day, National Bank of Georgia Certificate of Deposit Auction #16. The securities were purchased by two commercial banks. The minimum interest rate was 8.68%, the maximum interest rate was 8.85%, and the average weighted interest rate was 8.85%.