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 November 27, 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 47 500 000. Minimum yield was 7.380%, maximum yield was 7.550% and the weighted average yield was 7.426%.

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