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90 mln securities on sale at state treasure auction

90 mln securities on sale at state treasure auction
90 mln securities on sale at state treasure auction

Today, on April 7, 2020, the securities of 20 000 000 GEL value were sold at the treasury liabilities auction of the Finance Ministry.

The term of the securities is 181 days.

Five commercial banks took part in the auction.

The demand included 48 000 000 GEL. The minimum interest rate was 8.800%, maximum - 9.550%, and the average weighted interest rate was 8.983%.

The action was followed by the sale of 70 000 000 GEL – value securities. The term of the securities is two years.

The demand included 70 000 000 GEL. The minimum interest rate was 9.240%, maximum - 10.550%, and the average weighted interest rate was 10.170%.

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