Results of the Certificates of Deposit (CD) Auction
On April 22, 2010, CDs (Certificates of Deposit) at the nominal value of GEL 20 000 000 were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction #16. The securities were purchased by five commercial banks.The minimum interest rate was 4.80%, the maximum interest rate was 6.10%, and the average weighted interest rate was 5.53%.