Results of The Certificates of Deposit (CD) Auction

Results of The Certificates of Deposit (CD) Auction

06 January, 2010

On January 1, 2010, CDs (Certificates of Deposit) at the nominal value of GEL 15 000 000 were sold at the 92-day, National Bank of Georgia Certificate of Deposit Auction #1.  The securities were purchased by two (2) commercial banks. The minimum interest rate was 2.83%, the maximum interest rate was 3.37%, and the average weighted interest rate was 3.07%.