Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

21 May, 2014

On May 21, 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 N22. The securities were purchased by five (5) commercial banks. The minimum interest rate was 4.34%, the maximum interest rate was 4.45%, and the average weighted interest rate was 4.39%.