23.Aug .2022 14:15

GEL 90 MLN 5-year Ministry of Finance Treasury Notes Were Sold At The Auction

GEL 90 MLN 5-year Ministry of Finance Treasury Notes Were Sold At The Auction
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On August 23, 2022, GEL 90 000 000 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 237 000 000. Minimum yield was 9.400%, maximum yield was 9.700% and the weighted average yield was 9.699%.

The coupon rate was 9.750%. Coupons will be paid semiannually.