Daily News: Economics
April 6, 2021
IN Q1, DEMAND FOR DEPOSIT CERTIFICATES INCREASED BY 11.5% Y-O-Y
National Bank of Georgia reported that in the 1st quarter, demand for deposit certificates (discount security with maturity of 3 months) exceeded emission 3.3 times. In particular, in January-March, demand totaled to 199.5 million lari, against of 179 million for the same period of 2020 (i.e. increasing year-on-year by 11.5%).
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