The FINANCIAL -- On January 25 , 2012,  GEL 10 000 000  5 year Ministry of Finance Treasury Notes were sold at the Auction held at NBG, according to National Bank of Georgia .

Five commercial banks participated in the auction. The total demand amounted to GEL 32 000 000. Minimum yield was 11.110%, maximum yield was 11.490% and the weighted average yield was fixed at 11.300%.

The coupon rate was 11.3%. Coupons will be paid semiannually.

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