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 August 5, 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 38 500 000. Minimum yield was 11.200%, maximum yield was 12.950% and the weighted average yield was fixed at 12.652%.

The coupon rate was 10.750%. Coupons will be paid semiannually, according to the National Bank of Georgia.