07.Apr .2020 18:32

GEL 70 000 000 2-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG

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On April 7, 2020, GEL 70 000 000 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 108 000 000. Minimum yield was 9.240%, maximum yield was 10.550% and the weighted average yield was 10.170%. The coupon rate was 9.375%. Coupons will be paid semiannually”, NBG’s report reads.