Treasury Note Auction Results
On July 14, 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 28 500 000. Minimum yield was 13.250%, maximum yield was 14.500% and the weighted average yield was fixed at 14.285%.
The coupon rate was 14.2%. Coupons will be paid semiannually.