Ministry Of Finance Of Georgia Treasury Bill Auction Results

Ministry Of Finance Of Georgia Treasury Bill Auction Results

Ministry Of Finance Of Georgia Treasury Bill Auction Results

The FINANCIAL -- On July 27, 2016, securities in the amount of GEL 30 000 000 with a  maturity of  350-days were sold at the Ministry of Finance Treasury Bill Auction.

Seven commercial banks participated in the auction. The total demand amounted to GEL  91 000 000. Minimum yield was 6.550%, maximum yield was 6.670% and the weighted average yield was fixed at 6.598%, according to National Bank Of Georgia.