Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

09 October, 2013

On 9 October, 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 N41. The securities were purchased by six (6) commercial banks. The minimum interest rate was 3.80%, the maximum interest rate was 3.90%, and the average weighted interest rate was 3.87%.