Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

06 November, 2013

On November 6, 2013, CDs (Certificates of Deposit) at the nominal value of 50 000 000 GEL were sold at the 91-day, National Bank of Georgia Certificate of Deposit Auction N45. The securities were purchased by seven (7) commercial banks. The minimum interest rate was 3.70%, the maximum interest rate was 4.25%, and the average weighted interest rate was 4.02%.