Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

09 July, 2014

On July 9, 2014, CDs (Certificates of Deposit) at the nominal value of 20 000 000 GEL were sold at the 182-day, National Bank of Georgia Certificate of Deposit Auction N29. The securities were purchased by two (2) commercial banks.  The minimum interest rate was 4.25%, the maximum interest rate was 4.29%, and the average weighted interest rate was 4.27%.