Results of The Certificates of Deposit (CD) Auction

Results of The Certificates of Deposit (CD) Auction

24 December, 2009

On December 24, 2009, CDs (Certificates of Deposit) at the nominal value of GEL 15 000 000 were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction #52.  The securities were purchased by three (3) commercial banks. The minimum interest rate was 2.85%, the maximum interest rate was 3.45%, and the average weighted interest rate was 3.16%.