Results of the Refinancing Loan Auction

Results of the Refinancing Loan Auction

22 July, 2010

On July 22, 2010, refinancing loans in the amount of GEL 190 000 000 were allotted at the 7-day, National Bank of Georgia Refinancing Loan Auction #29.  The loans were allotted to three commercial banks. The minimum interest rate was 6.50%, the maximum interest rate was 6.68%, and the average weighted interest rate was 6.52%.