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 April 18, 2018, GEL 25 000 000 10-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 42 746 000. Minimum yield was 9.070%, maximum yield was 9.090% and the weighted average yield was fixed at 9.072%, according to NBG.

The coupon rate was 9.375%. Coupons will be paid semiannually.