Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

21 January, 2010

On January 21, 2010, CDs (Certificates of Deposit) at the nominal value of 15 000 000 GEL were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction #3.  The securities were purchased by four (4) commercial banks.  The minimum interest rate was 3.09%, the maximum interest rate was 4.67%, and the average weighted interest rate was 4.29%.