NEWS

Gov't takes domestic debt of 35 mln GEL

The NBG announced that the coupon rate was 8.125%. Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 27 Apr 2021 - 17:08, Tbilisi,Georgia

The government of Georgia has taken on internal debt of 35 million GEL as a result of the sale of 5-year securities, announces the National Bank of Georgia.

Today 5-year securities with a face value of 35 million GEL were sold at the Ministry of Finance Treasury Securities Auction. Six commercial banks participated in the auction. The total demand amounted to 73.5 million GEL. Minimum yield was 8.450%, maximum yield was 8.750% and the weighted average yield was 8.650%", says the NBG.

The NBG announced that the coupon rate was 8.125%.

"Coupons will be paid semiannually", said the NBG.

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