Results of The Certificates of Deposit (CD) Auction

Results of The Certificates of Deposit (CD) Auction

11 June, 2009

On June 11, 2009, CDs (Certificates of Deposit) at the nominal value of 3 000 000 GEL were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction #23.  The securities were purchased by one (1) commercial bank.  The minimum interest rate was 3.97%, the maximum interest rate was 4.58%, and the average weighted interest rate was 4.27%.