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FinMin of Georgia sells GEL 5m of 10-year T-Notes

September 20, 2012
On Septembers 19, 2012, GEL 5 000 000 10 year Treasury Notes of Ministry of Finance were sold at the Auction held at NBG. Five commercial banks participated in the auction. The total demand amounted to GEL 15 000 000. Minimum yield was 10.300%, maximum yield was 10.450% and the weighted average yield was fixed at 10.375%.

The coupon rate was 10.8%. Coupons will be paid semiannually.
  • Status
    outstanding
  • Country of risk
    Georgia
  • Redemption (put/call option)
    *** (***)
  • Amount
    25,000,000 GEL
  • М/S&P/F
    — / — / —
Company — Georgia
  • Full name
    Georgia
  • Registration country
    Georgia