Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

15 July, 2010

On July 15, 2010, CDs (Certificates of Deposit) at the nominal value of GEL 11 500 000 were sold at the 90-day, National Bank of Georgia Certificate of Deposit Auction #28. The securities were purchased by two commercial banks. The minimum interest rate was 8.25%, the maximum interest rate was 9.25%, and the average weighted interest rate was 9.07%.