Treasury Bills in the nominal value of 45 000 000 GEL and maturity of 12 months were sold at the MOF State Securities Auction N17 on May 18, 2016.
Nine commercial banks have been bidding. Total demand has reached 144 385 000 GEL and following interest rates have been quoted: minimum – 7.850%, maximum – 8.110% and average weighted – 7.986%.