Announced Treasury Securities Auctions

     

    Georgian Treasury Securities Issue Announcement

     

    Auction Number         27
    ISIN         GETD23105271
    Term of Security 182 Days         182 Days
    Security Description         6 Month T-Bill
    Nominal Value         1000 ₾
    Offering Amount         20 000 000 ₾
    Currently Outstanding         0 ₾
    Auction Date         05-Jul-22
    Settlement Date         07-Jul-22
    Maturity Date         05-Jan-23
    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         Georgian Commercial Banks
    Auction Method         Multiple Price
    Bids Submission Starting Time         11:30 a.m.
    Bids Submission Closing Time         11:45 a.m.



    1. The auction participants must be familiar with and accept the terms and conditions of the “Regulation on the Issue, Circulation, Registration and Redemption of Treasury Bills and Treasury Notes Issued by the Ministry of Finance of Georgia” and confess mandatory execution of this regulation;
    2. The coupon of the T-Note will be determined by rounding the weighted average interest rate of the auction to 1/8 summand;
    3. The auction results will be published on web-sites of the National Bank of Georgia and the Ministry of Finance of Georgia, by 6pm of the auction day and in Bloomberg: {NBGB <GO>}, {NI AUC <GO>} by 2pm.
    4. All times Tbilisi time, GMT+4. Georgia does not observe daylight-savings.

     

    Georgia Treasury Securities Auction Announcement (Reopening)

     

    Auction Number         28
    ISIN         GETC24106022
    Term of Security 182 Days         548 Days
    Security Description         2 Year T-Note
    Nominal Value         1000 ₾
    Offering Amount         80 000 000 ₾
    Currently Outstanding         420 000 000 ₾
    Coupon Rate          9.875%
    Auction Date         5-Jul-22
    Settlement Date         7-Jul-22
    Maturity Date         6-Jan-24
    Coupon Dates   07/06/22 01/06/23 07/06/23 01/06/24
    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         Georgian Commercial Banks
    Auction Method         Multiple Price
    Bids Submission Starting Time         11:45 a.m.
    Bids Submission Closing Time         12:00 p.m.

     

    1. The auction participants must be familiar with and accept the terms and conditions of the “Regulation on the Issue, Circulation, Registration and Redemption of Treasury Bills and Treasury Notes Issued by the Ministry of Finance of Georgia” and confess mandatory execution of this regulation;
    2. The coupon of the T-Note will be determined by rounding the weighted average interest rate of the auction to 1/8 summand;
    3. The auction results will be published on web-sites of the National Bank of Georgia and the Ministry of Finance of Georgia, by 6pm of the auction day and in Bloomberg: {NBGB <GO>}, {NI AUC <GO>} by 2pm.
    4. All times Tbilisi time, GMT+4. Georgia does not observe daylight-savings.