GEL 80 000 000 5-year Ministry of Finance Treasury Notes were sold at the Auction held today at NBG.
According to NBG, four commercial banks participated in the auction. The total demand amounted to GEL 130 530 000. Minimum yield was 8.270%, maximum yield was 8.350% and the weighted average yield was 8.288%.
The coupon rate was 9.125%. Coupons will be paid semiannually.