Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

23 February, 2011

On February  23, 2011, CDs (Certificates of Deposit) at the nominal value of 35 000 000 GEL were sold at the 92-day, National Bank of Georgia Certificate of Deposit Auction #8. The securities were purchased by seven commercial banks. The minimum interest rate was 9.30%, the maximum interest rate was 9.81%, and the average weighted interest rate was 9.61%.