Ministry Of Finance Of Georgia Treasury Note Auction Results

Ministry Of Finance Of Georgia Treasury Note Auction Results

Ministry Of Finance Of Georgia Treasury Note Auction Results

The FINANCIAL -- On June 13, 2018, GEL 40 000 000 2-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

According to National Bank Of Georgia, four commercial banks participated in the auction. The total demand amounted to GEL 72 500 000. Minimum yield was 7.350%, maximum yield was 7.480% and the weighted average yield was fixed at 7.451%.

The coupon rate was 7.625%. Coupons will be paid semiannually.