Results of the Refinancing Loan Auction

Results of the Refinancing Loan Auction

07 May, 2009

On May 7, 2009, refinancing loans in the amount of 28,730,000 GEL were allotted at the 7-day, National Bank of Georgia Refinancing Loan Auction #19.  Loans were allotted to three (3) commercial banks.  The minimum interest rate was 6.30%, the maximum interest rate was 7.50%, and the average weighted interest rate was 6.78%.