On July 27, 2011, securities in the amount of GEL 5 000 000 with a maturity of 364 days were sold at the Ministry of Finance Treasury Bill Auction. Three commercial banks participated in the auction. The total demand amounted to GEL 5 400 000. Minimum yield was 9.080%, maximum yield was 9.280% and the weighted average yield was fixed at 9.196%.