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

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
  — / — / —

• Full name
  Georgia
• Registration country
  Georgia