Securities amounting GEL 50 000 000 were sold at the Ministry of Finance Treasury Bill Auction

On September 8, 2020, securities in the amount of GEL 50 000 000 with a maturity of 364-days were sold at the Ministry of Finance Treasury Bill Auction, - reports the National Bank of Georgia.

"Seven commercial banks participated in the auction. The total demand amounted to GEL 121 000 000. Minimum yield was 8.000%, maximum yield was 8.100% and the weighted average yield was 8.094%", - reads the statement.