Finance Minister Lasha Khutsishvili has announced that the government is preparing a large-scale issuance of lari-denominated treasury bonds this year, citing strong interest from international investors. Speaking to BMG, he noted that discussions with investors during meetings at the IMF and World Bank Spring Meetings in Washington will also focus on Georgia’s plans to expand domestic capital market instruments.
According to Khutsishvili, feedback from international investors, including during consultations on the refinancing of the country’s $500 million Eurobond, has shown growing appetite not only for foreign-currency instruments but also for securities issued in Georgian lari. He said this signals increasing confidence in the local currency and financial market stability.
“The Spring Meetings are also an opportunity for us to hold road shows and present our economic outlook and future plans to investors. We see strong interest in Georgian securities, including regular participation of international companies in domestic treasury bond auctions,” he said.
Khutsishvili added that the size and timing of the planned issuance will be determined after the roadshow process, based on investor demand. He emphasized that the government expects significant participation and aims to issue bonds strictly in line with market interest, noting that preparatory work on the initiative has been ongoing for around six months.
