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Georgia's Finance Ministry announces treasury security auction

Georgia Materials 7 May 2022 11:44 (UTC +04:00)
Georgia's Finance Ministry announces treasury security auction
Aygun Maherramova
Aygun Maherramova
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BAKU, Azerbaijan, May 7. Ministry of Finance of Georgia has scheduled Treasury Securities Auction on May 10, 2022, Trend reports citing the press service of Georgia’s Finance Ministry.

The Ministry of Finance of Georgia on Treasury Securities Auction will issue Treasury Bills with a nominal value of 20 million Georgian lari ($6.5 million) and a maturity of 12 months on May 10, 2022.

Meanwhile, at the last auction held on May 3, 2022, 20 million Georgian lari ($6.5 million) worth of securities with a maturity of 6 months were sold.

The total demand amounted to 67 million Georgian lari ($22 million), while the minimum yield was 10.8 percent, and the maximum - was 11.1 percent.

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