Announced Treasury Securities Auctions

     

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

     

    Auction Number           49
    ISIN           GETC27127058
    Term of Security 182 Days           1525 Days
    Security Description           5 Year T-Note
    Nominal Value           1000 ₾
    Offering Amount           90 000 000 ₾
    Currently Outstanding           881 845 000 ₾
    Coupon Rate            9.750%
    Auction Date           22-Nov-22
    Settlement Date           24-Nov-22
    Maturity Date           27-Jan-27
    Coupon Dates  

    1/27/24
    7/27/26


    7/27/24
    1/27/27

    1/27/25
    1/27/23
    7/27/25
    7/27/23
    1/27/26
    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

     

    Additional 1 Non-competitive Bid Parameters

    Bid Date 22-Nov-22
    Bid Submission Time Interval 14:00 - 14:30
    Bid Amount Max 10% of Winning Bid of Auction
    Bid Rate Weighted Average Yield of an Auction