Results of The Certificates of Deposit (CD) Auction

Results of The Certificates of Deposit (CD) Auction

26 November, 2009

On November 26, 2009, CDs (Certificates of Deposit) at the nominal value of GEL 10 000 000 were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction #48.  The securities were purchased by four (4) commercial banks.  The minimum interest rate was 3.17%, the maximum interest rate was 3.34%, and the average weighted interest rate was 3.24%.