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Securities of GEL 90 000 000 sold today

Securities of GEL 90 000 000 sold today

On December 1, 2020, 182-day securities with a face value of GEL 20 000 000 were sold at the Ministry of Finance Treasury Securities Auction.

Seven commercial banks participated in the auction.

The demand amounted to GEL 62 982 000.

The minimum interest rate was 8.040%, the maximum interest rate was 8.130%, and the weighted average interest rate was 8.088%.

Today, 2-year securities with a face value of GEL 70 000 000 were sold at the Ministry of Finance Treasury Securities Auction.

Four commercial banks participated in the auction. The demand amounted to GEL 173 480 000. The minimum interest rate was 8.100%, the maximum interest rate was 8.190%, and the weighted average interest rate was 8.167%.

The coupon interest rate was 8,250%. The coupon will be paid twice a year every six months.

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