Ministry of Finance Treasury Notes Worth GEL 25 000 000 Sold at NBG Auction

Ministry of Finance Treasury Notes Worth GEL 25 000 000 Sold at NBG Auction

access_time2019-04-16 14:33:12

On April 16, 2019, GEL 25 000 000 10-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

Three commercial banks participated in the auction. The total demand amounted to GEL 49 020 000. Minimum yield was 8.200%, maximum yield was 8.550% and the weighted average yield was 8.429%.

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




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