Results of the Certificates of Deposit (CD) Auction

Results of the Certificates of Deposit (CD) Auction

27 August, 2013

On August 27, 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 N35. The securities were purchased by four (4) commercial banks. The minimum interest rate was 3.89%, the maximum interest rate was 4.19%, and the average weighted interest rate was 3.98%.