On September 7, 2011, securities in the amount of GEL 20 000 000 with a maturity of 364 days were sold at the Ministry of Finance Treasury Bill Auction. Four commercial banks participated in the auction. The total demand amounted to GEL 32 000 000. Minimum yield was 8.820%, maximum yield was 8.920% and the weighted average yield was fixed at 8.866%.