Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

19 March, 2014

On March 19, 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 N13. The securities were purchased by four (4) commercial banks. The minimum interest rate was 4.25%, the maximum interest rate was 4.45%, and the average weighted interest rate was 4.40%.