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FMO Listed 160 Million Bonds at Georgian Stock Exchange

160 million GEL worth of 5-year bonds issued by Netherlands Development Finance Company have been admitted to the category A listing of the Georgian Stock Exchange. Galt And Taggart acted as the placement agent and bookruner for the issue.

The floating rate coupon is paid quarterly at the rate of 3-months (91-days) National Bank of Georgia Certificate of Deposit (CD). Bonds will mature on July 20, 2023. The bonds were assigned a ticker –#FMO01N.