Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

13 August, 2014

On August 13, 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 N34. The securities were purchased by five (5) commercial banks. The minimum interest rate was 4.12%, the maximum interest rate was 4.22%, and the average weighted interest rate was 4.16%.