Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

02 March, 2011

On March  2, 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 #9. The securities were purchased by four commercial banks. The minimum interest rate was 9.25%, the maximum interest rate was 9.47%, and the average weighted interest rate was 9.45%.