Announced Treasury Securities Auctions

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

     

    Auction Number           42
    ISIN           GETC29828125
    Term of Security            1860 Days
    Security Description           5 Year T-Note
    Nominal Value           1 000 00 ₾
    Offering Amount           85 000 000 00 ₾
    Currently Outstanding           512 774 000 00 ₾
    Coupon rate           8.250%
    Auction Date           23-Jul-24
    Settlement Date           25-Jul-24
    Maturity Date           28-Aug-29
    Coupon Dates  
    8/28/24
    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  

    		 

    		  50 000 ₾
    Max. Non-Competitive Bid           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.
    Coupon Frequency           Semiannual