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Tag Archives: Auction

Auction Entitled Who Does She Think She is? to be Held at Rooms

Initial Not a Charity Auction was held in February 2018. It presented the work of newcomers as well as celebrated artists from the Georgian art scene. ‘Not a Charity Auction’ is the auction house, which organizes events around many varieties of concepts and subjects. The house aims to establish the …

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Ministry Of Finance Of Georgia Treasury Note Auction Results

Georgian LARI Strengthens to New Highs

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 …

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Commercial Banks Lent 30 million GEL to Government

Commercial Banks Lent 30 million GEL to Government

Deals worth 30 million GEL were made on 2-year bonds of the Ministry of Finance of Georgia. Four commercial banks took part in the auction. The demand (56 million) exceeded the supply twice. The maximum interest rate made up 7.25%, the averaged weighed rate totaled 7.2%. The rate has not almost …

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Ministry Of Finance Of Georgia Sold 20 Mln Treasury Notes

Ministry Of Finance Of Georgia Sold 20 Mln Treasury Notes

On July 20, 2016, GEL 20 000 000 5-year Ministry of Finance (MOF) Treasury Notes were sold at the Auction held at NBG. Three commercial banks participated in the auction. The total demand amounted to GEL 51 mln. Minimum yield was 8.390%, maximum yield was 8.680% and the weighted average yield …

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Ministry Of Finance Of Georgia Treasury Bill Auction Results

Ministry Of Finance Of Georgia Treasury Bill Auction Results

On June 29, 2016, securities in the amount of GEL 75 000 000 with a maturity of  336-days were sold at the Ministry of Finance Treasury Bill Auction. Five commercial banks participated in the auction. The total demand amounted to GEL 177 406 000. Minimum yield was 7.000%, maximum yield was 7.290% …

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The Auction Announced on the Canning Plant Construction

The Auction Announced on the Canning Plant Construction

The auction was announced on the construction of the canning plant. The National Agency for State Property Management of the Ministry of Economy and Sustainable Development, brought out for sale 249 to 999 sq.m. non-agricultural land and the buildings on the N1-N11 located on that territory on E-auction in Zugdidi. The above mentioned real estate …

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Results Of The Currency Auction for NBG

Results Of The Currency Auction for NBG

On May 10, 2016, the National Bank of Georgia purchased 20 000 000 USD on its Foreign Exchange Auction. The weighted average exchange rate was 2.2132. It should be noted that National Bank of Georgia had purchased such big amount of foreign currency (USD) 2 times in last week. Totally the amount made up …

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Black Sea Rivera to Build Hotel in Ganmukhuri

Black Sea Rivera to Build Hotel in Ganmukhuri

Ltd. Black Sea Rivera will build at least 120 room hotel complex in Ganmukhuri. The company was named as the winner  of electronic auction that was held by the Ministry of Economy and Sustainable Development. Real Estate combines 33951 sq.m. non – agricultural land and the buildings, while its initial market value …

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Batumi’s Mtsvane Kontskhi or Green Cape Auctioned for 2.8 m GEL

A new hotel will be built in Batumi’s Mstvane Konstkhi or Green Cape area. For this purpose, Batumi’s Ministry of Finance and Economy auctioned the 200,38 square meters settlement and the attached 14,803 square meters of non-agricultural land, as well as the 10,357 square meters of non-agricultural land. All of …

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