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Bank of Georgia issues 500m worth of bonds in GEL

25 May 2017 - 17:00

Bank of Georgia has issued 500 million GEL worth of bonds on international markets with a coupon rate of 11 percent. On closing, the issuance is expected to be the first international local currency bond offering from the wider CIS region in the past 10 years and will represent a landmark transaction for Georgia.

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