On March 11 on the auction of treasury bonds of the Ministry of Finance was sold 25 000 000 GEL nominal value securities with 2 year expiry date, reposts GHN.
In the auction there participated four commercial banks. The demand amounted to 30 185 000. With the minimal interest rate 7.070 percent, maximal 7.480 percent, and the weighted average consisted with 7.429 percent.
Coupon rate was 7.124 percent. The payment of the coupon will happen two times a year, in every six months.