
Acting President of the National Bank of Georgia Natia Turnava, Vice-President Ekaterine Mikabadze, and heads of the Securities Market Supervision Department met with participants of the securities market.
As part of the meeting, the reforms implemented in the recent period in terms of the development of the securities market, the positive dynamics in the market and the existing challenges were discussed. The employees of the National Bank also informed the participants of the securities market about the future plans of market development and updating of the regulatory framework. The meeting was held in a question-and-answer mode.
In view of the progress achieved in terms of market development, the meeting emphasized the positive dynamics of the growth of the corporate (enterprise) bond market. In particular, as a result of the steps taken by the government, the National Bank and the private sector to develop the securities market, the volume of publicly offered corporate bonds in Georgia has increased significantly and currently amounts to 1.8 billion GEL. The mentioned market was growing by 40 percent annually, and only this year it has doubled compared to the previous year. At the meeting, it was also mentioned that for the first time in the segment of corporate bonds, there will be a public offering of GEL bonds with a fixed interest rate, which once again indicates the positive trend of market development and the growth of investors' interest in financial products denominated in the national currency.
Similar meetings with the securities market participants will further continue.
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One US dollar trades at GEL 2.7050
01/08/2025