Galt and Taggart released its weekly market watch, which summarizes the main tendencies on the money market and regarding the fixed income as well.
Here are some main facts in figures:
• Ministry of Finance Benchmark Bonds: 5-year GEL 80.0mn (US$ 24.5mn) Benchmark Bonds were sold at the auction held at NBG on December 22, 2020. Total demand was c.2.0x higher and the weighted average yield was fixed at 8.197%, down by 0.068ppts from previous auction held in November, 2020.
• Corporate Eurobonds: Bank of Georgia Group Eurobonds (GEBGG) closed at 3.83% yield, trading at 105.28 (-0.44% w/w).
Georgia Capital Eurobonds (GEOCAP) were trading at 100.58 (+0.01% w/w), yielding 5.92%. GOGC Eurobonds (GEOROG) were trading at 100.80 (-0.20% w/w), yielding 4.21%. Georgian Railway Eurobonds (GRAIL) traded at a premium at 105.72 (+0.08% w/w), yielding 3.87%. Georgian Sovereign Eurobonds (GEORG) closed at 101.73 (+0.12% w/w) at 0.81% yield to maturity.
