Treasury Note Auction Results
On October 20, 2010, GEL 20 000 000 2 year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.
Four commercial banks participated in the auction. The total demand amounted to GEL 50 200 000. Minimum yield was 14.980%, maximum yield was 15.440% and the weighted average yield was fixed at 15.200%.
The coupon rate was 15.2%. Coupons will be paid semiannually.