The FINANCIAL -- On July 26, 2017, GEL 25 000 000 5-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 48 500 000. Minimum yield was 8.120%, maximum yield was 8.200% and the weighted average yield was fixed at 8.130%, according to NBG.
The coupon rate was 9.125%. Coupons will be paid semiannually.