GEL 40 000 000 2-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG today, February 12.

As the National Bank of Georgia has reported, four commercial banks participated in the auction. The total demand amounted to GEL 63 385 000. Minimum yield was 7.020%, maximum yield was 7.060% and the weighted average yield was 7.032%.

The coupon rate was 7.250%. Coupons will be paid twice a year, every six months.