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Ministry Of Finance Of Georgia Treasury Note Auction Results

On May 10, 2017, GEL 30 000 000 2-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

Five commercial banks participated in the auction. The total demand amounted to GEL 56 300 000. Minimum yield was 7.900%, maximum yield was 7.980% and the weighted average yield was fixed at 7.970%.

The coupon rate was 8.000%. Coupons will be paid semiannually.

As for Treasury bill auction results securities in the amount of GEL 20 000 000 with a maturity of 182-days were sold at the Auction. Four commercial banks participated in the auction. The total demand amounted to GEL 48 000 000. Minimum yield was 7.050%, maximum yield was 7.220% and the weighted average yield was fixed at 7.143%.