Results of The Certificates of Deposit (CD) Auction

Results of The Certificates of Deposit (CD) Auction

05 August, 2010

On August 5, 2010, CDs (Certificates of Deposit) at the nominal value of GEL 12 288 000 were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction #31.  The securities were purchased by six (6) commercial banks.  The minimum interest rate was 8.00%, the maximum interest rate was 9.47%, and the average weighted interest rate was 8.94%.