Results of The Certificates of Deposit (CD) Auction

Results of The Certificates of Deposit (CD) Auction

12 August, 2010

On August 12, 2010, CDs (Certificates of Deposit) at the nominal value of GEL 9 800 000 were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction #32.  The securities were purchased by five (5) commercial banks.  The minimum interest rate was 9.00%, the maximum interest rate was 9.50%, and the average weighted interest rate was 9.30%.