Results of The Certificates of Deposit (CD) Auction

Results of The Certificates of Deposit (CD) Auction

27 August, 2009

On August 27, 2009, 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 #34.  The securities were purchased by five (5) commercial banks.  The minimum interest rate was 4.02%, the maximum interest rate was 4.67%, and the average weighted interest rate was 4.54%.