Results of the Certificates of Deposit (CD) Auction
On July 22, 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 #29. The securities were purchased by five commercial banks. The minimum interest rate was 9.00%, the maximum interest rate was 9.42%, and the average weighted interest rate was 9.19%.