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Finance Ministry to Issue T-bills worth about 370m GEL

The Finance Ministry of Georgia plans to issue Treasury Bills worth about 370m GEL in 2010.

The Finance Ministry will issue 6-month and one-year discount securities, as well as 2-year coupon bonds.

The first auction will be held at the National Bank of Georgia (NBG) on January 13, 2010.

In 2009 the Finance Ministry issued T-bills worth 270m GEL. Auctions for one-year securities were held every fortnight, while auctions for six-month (182- and 175-day T-bills) were held every week.