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 15, 2015, GEL 15 000 000 5-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 15 250 000. Minimum yield was 13,900%, maximum yield was 14,450% and the weighted average yield was fixed at 14,337%, according to NBG.

The coupon rate was 14,375%. Coupons will be paid semiannually.