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 July 8, 2015, GEL 20 000 000 2-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

Four commercial banks participated in the auction. The total demand amounted to GEL 25 500 000. Minimum yield was 10.450%, maximum yield was 12.500% and the weighted average yield was fixed at 10.746%, according to NBG.

The coupon rate was 10.750%. Coupons will be paid semiannually.