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    According to the decision of the National Bank of Georgia since April 1, 2019 the ratio of the refinancing loan and the interest accrued on it, and/or overnight loan and/or intraday loan to the underlying collateralized securities is following:  

     

    On the approval of the ratio of loans of the National Bank of Georgia to the assets eligible as a collateral for these loans

     

    Assets eligible as a collateral for the loans of the National Bank of Georgia

    Long term credit rating of the securities issuer

    Ratio of the refinancing loan and interest accrued on it and/or value of 1M OMI and interest accrued on itthe overnight loan and/or the intraday loan to the nominal value of the collateralized assets according to the residual maturities (year) of these assets

     

    S&P, Fitch and Scope Ratings scale

    Moody's
    scale 

    Less than 2 years

     From 2 to 5 years

    More than 5 years

    Lari denominated debt securities issued either by the Government of Georgia and by the National Bank of Georgia

     -

     -

     95%

     95%

     95%

    Lari denominated debt securities issued by the International Financial Institution

    AAA,
    AA+, AA,
    AA-

    Aaa, Aa1,
    Aa2, Aa3

    95%

    95%

     95%

     A+, A,
    A-, BBB+,
    BBB

     A1, A2,
    A3, Baa1,
    Baa2

     90%

     90%

    90%

    Debt securities issued in accordance with the "Law of Georgia on Securities Market" by the resident and  non-resident legal entities  and securities issued as a private  placement till January 1, 2018,  denominated in Lari

    AAA <
    BBB-

    AAA <
    Baa3

     90%

    85%

    80%

     BB+ <
    BB-

    Ba1 <
    Ba3

     85%

    80%

    75%

    B +

    B1

     80%

    75%

    70%

    Loan Assets

     -

     -

     80%

     80%

     80%

    FX Deposit in NBG

     -

     -

    80%

     80%

     80%