GEL 80 000 000 5-year Ministry of Finance Treasury Notes sold at the Auction

GEL 80 000 000 5-year Ministry of Finance Treasury Notes sold at the Auction

On April 26, 2022, GEL 80 000 000 5-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG, National Bank of Georgia reports.

"Four commercial banks participated in the auction. The total demand amounted to GEL 168 400 000. Minimum yield was 10.490%, maximum yield was 10.670% and the weighted average yield was 10.603%.

The coupon rate was 9.750%. Coupons will be paid semiannually," reads the statement.