Announced Treasury Securities Auctions


    Georgian Treasury Securities Issue Announcement

     

    Auction Number           25
    ISIN           GETD24B07258
    Term of Security            181 Days
    Security Description           6 Month T-Bill 
    Nominal Value           1 000 ₾
    Offering Amount            20 000 000 ₾
    Currently Outstanding           0 ₾
    Auction Date           07-May-24
    Settlement Date           10-May-24
    Maturity Date           07-Nov-24
    Coupon Dates  

    8/28/24 
    2/28/27
    8/28/29 

    		 2/28/25
    8/28/27 

    		 8/28/25
    2/28/28

    		 2/28/26
    8/28/28

    		 8/28/26
    2/28/29
    Min. Competitive Bid      

    		  50 000 ₾
    Max. Non-Competitive Bid           50 000 ₾
    Max. Own Bid-Commercial Bank           75% of total Issue
    Max. Bid-Single Client           75% of total Issue
    Primary Auction Platform           BLOOMBERG BAS
    Participants           Georgian Commercial Banks
    Auction Method           Multiple Price
    Bids Submission Starting Time           11:30 a.m.
    Bids Submission Closing Time           11:45 a.m.
    Coupon Frequency           Semiannual

              

    1. The auction participants must be familiar with and accept the terms and conditions of the “Regulation on the Issue, Circulation, Registration and Redemption of Treasury Bills and Treasury Notes Issued by the Ministry of Finance of Georgia” and confess mandatory execution of this regulation; 2. The coupon of the T-Note will be determined by rounding the weighted average interest rate of the auction to 1/8 summand; 3. The auction results will be published on web-sites of the National Bank of Georgia and the Ministry of Finance of Georgia, by 6pm of the auction day and in Bloomberg: {NBGB }, {NI AUC } by 2pm. 4. All times Tbilisi time, GMT+4. Georgia does not observe daylight-savings

     


    Georgia Treasury Securities Auction Announcement (Reopening)

     

    Auction Number           26
    ISIN           GETC27127058
    Term of Security            992 Days
    Security Description           5 Year T-Note
    Nominal Value           1 000 ₾
    Offering Amount           40 000 000 ₾
    Currently Outstanding           1 534 599 000 ₾
    Coupon Rate           9.750%
    Auction Date           7-May-24
    Settlement Date           10-May-24
    Maturity Date           27-Jan-27
    Coupon Dates  



    1/27/26

    7/27/26
    7/27/24
    1/27/27


    1/27/25

    		 7/27/25 
    Min. Competitive Bid      

    		  50 000 ₾
    Max. Non-Competitive Bid           50 000 ₾
    Max. Own Bid-Commercial Bank           75% of total Issue
    Max. Bid-Single Client           75% of total Issue
    Primary Auction Platform           BLOOMBERG BAS
    Participants           Primary Dealers
    Auction Method           Multiple Price
    Bids Submission Starting Time           11:45 a.m.
    Bids Submission Closing Time           12:00 p.m. 
    Coupon Frequency           Semiannual

              
    Additional 1 Non-competitive Bid Parameters 

    Bid Date 8-May-24
    Bid Submission Time Interval 12:30-13:00
    Bid Amount Max 10% of Winning Bid of Auction
    Bid Rate Weighted Average Yield of an Auction