Daily News: Economics
April 2, 2024
IN Q1, DEMAND FOR GEORGIAN TREASURY BILLS 2.4 TIMES EXCEEDED OFFER, RATES DECREASED
At 6 auctions, held in the 1st quarter on treasury bills (maturity period – 181 and 364 days), demand totaled to 410.5 million lari, National Bank of Georgia reported. Placement, as well as announced emission, in the reporting period amounted to 170 million lari (accordingly, demand exceeded placement 2.4 times).
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