According to Galt & Taggart, the Georgian Ministry of Finance successfully sold a total of 50 million GEL worth of treasury bonds and obligations in March 2025.

On March 11, 2025, two major treasury auctions were held at the National Bank of Georgia (NBG):

1. 11.6-year GEL 30 million (US$ 10.8 million) Treasury Notes:
   The auction saw total demand 2.3 times higher than the issued amount. The weighted average yield was set at 8.919%, reflecting an increase of 0.048 percentage points from the February 2025 auction.

2. 1-year GEL 20 million (US$ 7.2 million) Treasury Bills (T-bills):
   Similar to the notes, demand for the T-bills was also 2.3 times higher than the amount issued. The weighted average yield was fixed at 7.606%, up by 0.026 percentage points from the February auction.

Looking ahead, the next treasury securities auction is scheduled for March 18, 2025, where the Ministry of Finance will issue GEL 50 million worth of 7.8-year Treasury Notes.

This auction marks the issuance of benchmark bonds with a nominal value of 50 million GEL and an initial maturity of 7.8 years.