On August 4, 2020, two-year validity 70 000 000 GEL Treasury Notes of Ministry of Finance were sold at the Auction held at National Bank of Georgia (NBG).
“Six commercial banks participated in the auction. The total demand amounted to GEL 146 560 000. Minimum yield was 8.000%, maximum yield was 8.350% and the weighted average yield was 8.308%. The coupon rate was 8.250%. Coupons will be paid semiannually,” reads the statement released by NBG.