04.Feb .2020 17:58

Treasury Notes of GEL 70 000 000 with a maturity of 2 years were sold at the auction

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On February 4, 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 201 280 000. Minimum yield was 9.000%, maximum yield was 9.070% and the weighted average yield was 9.044%.

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