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Daily News: Economics
January 13, 2020


IN Q4 OF 2019, DEMAND FOR DEPOSIT CERTIFICATES 2.5 TIMES EXCEEDED EMISSION

National Bank of Georgia reported that demand for deposit certificates (3-month discount security) in the 4th quarter of 2019 exceeded the emission 2.5 times.

In particular, total demand for the reporting period made up 203 million lari, while total emission (placed through 4 auctions) – 80 million lari.

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