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Auction of Finance Ministry ends

Auction of Finance Ministry ends
Auction of Finance Ministry ends

On September 8, 2020, at a treasury liabilities auction of the Ministry of Finance of Georgia, securities with a nominal value of GEL 50 000 000 were sold.

The circulation period of the securities is 364 days.

Seven commercial banks took part in the process.

The demand was 121 000 000 GEL.

The minimum interest rate equaled 8.000%, while the maximum was 8.100%, and the weighted average rate hit 8.094%.

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