Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

25 September, 2013

On September 25, 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 N39. The securities were purchased by eight (8) commercial banks. The minimum interest rate was 3.88%, the maximum interest rate was 4.00%, and the average weighted interest rate was 3.95%.