Ministry of Finance of Georgia Treasury Note Auction Results

Ministry of Finance of Georgia Treasury Note Auction Results

Ministry of Finance of Georgia Treasury Note Auction Results

The FINANCIAL -- On May 27, 2015, GEL 10 000 000 10-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

Two commercial banks participated in the auction. The total demand amounted to GEL 12 500 000. Minimum yield was 12.300%, maximum yield was 14.750% and the weighted average yield was fixed at 13.770%, according to NBG.

The coupon rate was 10.500%. Coupons will be paid semiannually.