Results of The Certificates of Deposit (CD) Auction

Results of The Certificates of Deposit (CD) Auction

09 December, 2010

On December 9, 2010, CDs (Certificates of Deposit) at the nominal value of 30 000 000 GEL were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction #49. The securities were purchased by nine commercial banks. The minimum interest rate was 9.00%, the maximum interest rate was 9.87%, and the average weighted interest rate was 9.50%.