Announced Treasury Securities Auctions

    Georgian Treasury Securities Issue Announcement (Reopening)
    For PD Pilot Program Member Financial Institutions Only

    Auction Number           60
    ISIN           GETC29828125
    Term of Security            1769 Days
    Security Description           5 Year T-Note
    Nominal Value           1 000 00 ₾
    Offering Amount           100 000 000 00 ₾
    Currently Outstanding           774 274 000 00 ₾
    Coupon Rate           8.250%
    Auction Date           22-Oct-24
    Settlement Date           24-Oct-24
    Maturity Date
    		           28-Aug-29
    Coupon Dates  

    2/28/27
    8/28/29
    2/28/25
    8/28/27
    8/28/25
    2/28/28
    2/28/26
    8/28/28


    8/28/26
    2/28/29
    Min. Competitive Bid           GEL 50 000
    Max. Non-Competitive Bid           GEL 50 000
    Max. Own Bid - Commercial Bank           75% of total Issue
    Max. Bid - Single Client           75% of total Issue
    Primary Auction Platform           Bloomberg BAS
    Participants           Primary Dealers
    Auction Method           Multiple Price
    Bids Submission Starting Time           11:45 a.m.
    Bids Submission Closing Time
    		           12:00 p.m
    Coipon Frequency           Semiannual