OREANDA-NEWS. On August 17, 2016,  GEL  20 000 000  5-year Ministry of Finance Treasury Notes were sold at the Auction held at NBG.

Two commercial banks participated in the auction. The total demand amounted to GEL 40 000 000. Minimum yield was 8,050%, maximum yield was 8,230% and the weighted average yield was fixed at 8,095%.

The coupon rate was 11.750%. Coupons will be paid semiannually.