Finance Ministry sells GEL 80 mln-worth securities at Treasury Bill Auction
Five-year securities worth GEL 80 million were sold at the Treasury Bill Auction of the Ministry of Finance on December 22, 2020.
According to the National Bank of Georgia, six commercial banks participated in the auction.
The total demand amounted to GEL 157 250 000. The minimum yield was 8.130%, the maximum amounted to 8.220%, and the weighted average yield was 8.197%. The coupon rate was 9.125%. Coupons will be paid twice a year.