Results of The Certificates of Deposit (CD) Auction

Results of The Certificates of Deposit (CD) Auction

13 October, 2010

On October 13, 2010, CDs (Certificates of Deposit) at the nominal value of 20 000 000 GEL were sold at the 92-day, National Bank of Georgia Certificate of Deposit Auction #41.  The securities were purchased by two commercial banks. The minimum interest rate was 9.48%, the maximum interest rate was 9.58%, and the average weighted interest rate was 9.52%.