Treasury Note Auction Results
On August 11, 2010, securities in the amount of GEL 20 000 000 with a maturity of 731 days were sold at the Ministry of Finance Treasury Note Auction.
Four commercial banks participated in the auction. The total demand amounted to GEL 27 000 000. Minimum yield was 14.000%, maximum yield was 14.950% and the weighted average yield was fixed at 14.843%.
The coupon rate was 14.8%. Coupons will be paid semiannually.