Results of The Certificates of Deposit (CD) Auction

Results of The Certificates of Deposit (CD) Auction

23 September, 2010

On September 23, 2010, CDs (Certificates of Deposit) at the nominal value of 20 000 000 GEL were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction #38.  The securities were purchased by five (5) commercial banks.  The minimum interest rate was 10.00%, the maximum interest rate was 10.00%, and the average weighted interest rate was 10.00%.