Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

24 September, 2014

On September 24, 2014, CDs (Certificates of Deposit) at the nominal value of 35 000 000 GEL were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction N40. The securities were purchased by four (4) commercial banks. The minimum interest rate was 4.12%, the maximum interest rate was 4.50%, and the average weighted interest rate was 4.24%.