Results of the Certificates of Deposit (CD) Auction
On June 3, 2010, CDs (Certificates of Deposit) at the nominal value of GEL 2 100 000 were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction #22. The securities were purchased by two commercial banks.The minimum interest rate was 6.50%, the maximum interest rate was 7.00%, and the average weighted interest rate was 6.88%.