Results of the Certificates of Deposit (CD) Auction
On June 10, 2010, CDs (Certificates of Deposit) at the nominal value of GEL 11 000 000 were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction #23. The securities were purchased by four commercial banks. The minimum interest rate was 7.00%, the maximum interest rate was 8.00%, and the average weighted interest rate was 7.54%.