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Georgia issues GEL 30m in long-term Treasury bonds with 9.8 years remaining

Georgia's State Treasury released the results of auction No. 64 on 10 November. The Ministry of Finance placed GEL 30 million in nominal value of Treasury bonds with approximately 9.8 years of remaining maturity.

Two commercial banks submitted bids totalling GEL 90 million, three times the nominal amount offered. The GEL 90 million figure represents demand recorded at the auction, not the value of securities issued.

The weighted-average rate was 8.976%, with accepted rates ranging from 8.950% to 9.000%. Those are the auction terms for this specific longer-term government issue and should not be treated as a guaranteed return on other investments.

Long-term government bonds are one instrument for financing the state in Georgian lari. The ministry separately issued 12-month Treasury bills on the same date. Because those securities have a much shorter maturity, comparing the two auction rates directly requires careful consideration of their differing terms.

Read also: Investment, Finance and Banking, Economy.

Source: State Treasury of Georgia, Ministry of Finance, auction No. 64, 10.11.2026

Business News Editorial Team
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