Finance Ministry Sells GEL 50 Mln Bonds

On October 13, the Ministry of Finance of Georgia sold 12-month treasury bills worth GEL 50 million (USD 15.6 million) on the Treasury Securities Auction. Finance Ministry stated that 3 commercial banks participated in the auction, with total demand amounting to GEL 78 million (USD 24 million). On the auction, the minimum interest rate stood … https://civil.ge/archives/375178 #news #headline #ministry_of_finance #treasury_securities