EBRD Will Issue New Georgian Lari Nominated Bonds

EBRD Will Issue New Georgian Lari Nominated Bonds

In the nearest future, EBRD will issue new Georgian Lari Nominated bonds for tens of millions of GEL, to finance production of export goods, through commercial banks of Georgia, under the instrument of the Deep and Comprehensive Trade Agreement, at the same time, developing local equity market.

First international organization to issue GEL nominated bonds was EBRD. Following EBRD, International Financial Corporation (IFC), Asian Development Bank (ADB) and Black Sea Trade and Development Bank (BSTDB) issued bonds, nominated in GEL.

Apart from this, EBRD offers the Georgian business sector soft loans nominated in GEL. The bank has issued total of 380 mln GEL loans, the purpose of which is to support small business, energy efficiency and women entrepreneurs.

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