BANKEBI DA FINANSEBI: “ROLE OF THE STATE BONDS IN EFFICIENCY OF MONEY-AND-CREDIT, INTEREST AND CURRENCY POLICY”

In Georgia, market of the state bonds obviously “limps”, because there is practically no secondary trade system, based on the exchange principles, author of the article, capital market expert Vakhtang Khomizurashvili declares.

He estimates that in case of intensive operation of the secondary market, 80% of banks would apply to sale of state bonds for ensuring level of liquidity and meeting demand for lari.