In recent months, the National Bank of Georgia, together with the Ministry of Finance, has actively participated in meetings with international investors, which have shown exceptionally strong interest in Georgian government bonds, said Natia Turnava, President of the National Bank of Georgia (NBG), commenting on the Georgian government’s placement of $500 million in Eurobonds on the London Stock Exchange.

According to the National Bank, demand for Georgian securities from international investors reached a record $2.8 billion, more than five times the amount offered on the market. Over 100 international investors participated in the transaction.

“This clearly demonstrates that investors perceive lower risks in Georgia, which is also reflected in the favorable coupon rate,” Natia Turnava noted.

The President of the National Bank also highlighted that sovereign risk perceptions are lower today than in 2021, when Georgia first issued Eurobonds.

“The strong investor interest reflects confidence in Georgia’s economy, ongoing economic development, government policies, and the stable and peaceful environment maintained in the country, despite significant regional challenges,” Natia Turnava added.