On March 2of the current year Auction N9 of Treasury Bills was held.
Ministry of Finance declared Treasury Bills with 350 day maturity date with the nominal cost of GEL 10 million. Two commercial banks took part in the auction. The demand of the banks amounted to GEL 20 000 000. Number of the received requests was 6. 1 request has been fulfilled.
As a result of the auction following interest rates were defined: minimal 6.540%, maximal – 6.540%, weighted average – 6.540%.
Auction of State Securities №10 will take place at the National Bank of Georgia on March 17of 2010. The Ministry of Finance plans emission of GEL 10 million Treasury Bills.