On June 8, 2011, securities in the amount of GEL 20 000 000 with a maturity of 2 year were sold at the Ministry of Finance Treasury Notes Auction.

Five commercial banks participated in the auction. The total demand amounted to GEL 32 000 000. Minimum yield was 11.920%, maximum yield was 12.000% and the weighted average yield was fixed at 11.960%. The coupon rate was 11.9%. Coupons will be paid semiannually.