Results of The Certificates of Deposit (CD) Auction

Results of The Certificates of Deposit (CD) Auction

16 September, 2010

On September 16, 2010, CDs (Certificates of Deposit) at the nominal value of 16 970 000 GEL were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction #37.  The securities were purchased by eight (8) commercial banks.  The minimum interest rate was 9.60%, the maximum interest rate was 10.00%, and the average weighted interest rate was 9.93%.