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 October 24, 2018, GEL 30 000 000 5-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

Three commercial banks participated in the auction. The total demand amounted to GEL 61 310 000. Minimum yield was 7.360%, maximum yield was 7.450% and the weighted average yield was fixed at 7.404%.

The coupon rate was 7.375%. Coupons will be paid semiannually.