Finance Ministry sold securities worth GEL  70 000 000  at NBG auction

Finance Ministry sold securities worth GEL 70 000 000 at NBG auction

access_time2019-10-22 14:17:24

On October 22, 2019, GEL 70 000 000 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 162 955 000. Minimum yield was 8.675%, maximum yield was 9.290% and the weighted average yield was 9.143%.


The coupon rate was 7.000%. Coupons will be paid semiannually.


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