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Securities of 120 000 000 GEL value sold at today's auction

Securities of 120 000 000 GEL value sold at today's auction
Securities of 120 000 000 GEL value sold at today's auction

Today, on May 5, 2020, securities of the value of 120,000.000 GEL have been sold at the treasury liabilities' auction held by the Finance Ministry of Georgia.

The securities are valid for 182 days.

Five commercial banks took part in the auction.

The demand included 107,000.000 GEL.

The minimum interest rate was 8.500%, while the average weighted interest rate was 8,715%, and the maximum interest rate was 8.900%.

Securities of the value of 70,000.000 GEL with a two-year validity term were sold at the auction.

Six commercial banks took part in the process. The demand included 150,500.000 GEL. The minimum interest rate equaled 8.720%, maximum – 9.300%, and the average weighted rate was 8.887%.

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