23.Oct .2020 10:45

Foreign Investors Own Government Bonds Worth Up to 600 Million GEL

Foreign Investors Own Government Bonds Worth Up to 600 Million GEL
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According to TBC Capital, non-resident investors' interest in securities issued by the Georgian government is growing.

According to TBC Capital, foreign investors own GEL 587.3 million worth of treasury bonds and treasury bills. This is 10.2 million GEL more than the previous month.

Non-residents' interest in Georgian government securities increased, especially at the end of 2019. For comparison, in September 2019, they owned 200 million government securities, and in February 2020, this amount increased to 623 million.
Since the start of the coronavirus pandemic, investors have sold about $ 80 million worth of securities. However, that amount has continued to rise in recent months.