Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

23 April, 2014

On April 23, 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 N18. The securities were purchased by five (5) commercial banks. The minimum interest rate was 4.17%, the maximum interest rate was 4.44%, and the average weighted interest rate was 4.32%.