On July 6, 2011, securities in the amount of GEL 5 000 000 with a maturity of 2 years were sold at the Ministry of Finance Treasury Notes Auction.

Three commercial banks participated in the auction. The total demand amounted to GEL 7 000 000. Minimum yield was 11.700%, maximum yield was 11.820% and the weighted average yield was fixed at 11.740%. The coupon rate was 11.7%. Coupons will be paid semiannually.