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Home / Economy / Ministry of Finance Sells 20 million GEL T-bills

Ministry of Finance Sells 20 million GEL T-bills

On October 18, Ministry of Finance sold 20 million GEL T-bills with 10-year maturity period. 

According to National Bank of Georgia (NBG), three commercial banks took part in the T-bill auction. The demand constituted 36 120 000 GEL, while the bottom interest rate totaled 8.950%, the top rate hit 9.380%, while average weighed rate amounted to 9.087%.

Coupon interest rate totaled 9.375%.