Georgia sells GEL 20m in 12-month Treasury bills at 8.468% average yield
Georgia's State Treasury reported that the Ministry of Finance sold GEL 20 million in nominal value of 12-month Treasury bills at auction No. 63 on 10 November. The results were published by the ministry's official treasury service that day.
Three commercial banks participated, submitting bids totalling GEL 35 million against the GEL 20 million amount offered. Total bids exceeded the securities offered, but this does not mean all submitted bids were accepted.
The weighted-average interest rate recorded at the auction was 8.468%, with a minimum of 8.390% and a maximum of 8.490%. These figures relate to government securities with a 12-month maturity, not retail bank deposit rates.
Market participants can use the result to assess the cost of short-term government borrowing in Georgian lari. The ministry also held a separate auction of longer-dated bonds on the same day; the two instruments should not be compared without accounting for their different maturities.
Read also: Finance and Banking, Investment, Economy.
Source: State Treasury of Georgia, Ministry of Finance, auction No. 63, 10.11.2026
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