Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

10 June, 2010

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%.