Results of The Certificates of Deposit (CD) Auction

Results of The Certificates of Deposit (CD) Auction

21 May, 2009

On May 21, 2009, CDs (Certificates of Deposit) at the nominal value of 8 500 000 GEL were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction #20. The securities were purchased by three (3) commercial banks. The minimum interest rate was 5.90%, the maximum interest rate was 7.00%, and the average weighted interest rate was 6.85%.