As Galt & Taggart reports, the Ministry of Finance of Georgia has sold 50 million lari’s worth of 6-month Treasury Bills during an auction at the National Bank of Georgia (NBG) on January 6, 2025.
The breakdown of the auction is as follows:
- Demand: Total demand exceeded supply by 2.2 times.
- Yield: The weighted average yield stood at 7.583%, a slight increase of 0.023 compared to the previous auction.
The Ministry plans to issue additional Treasury Securities on January 14, 2025:
- Treasury Bills: GEL 20 million with a 12-month maturity.
- Treasury Bonds: GEL 30 million with a maturity of 11.7 years.
The auction outcome has illustrated sustained investor interest in Georgian Treasury Security.
