19 April 00:00
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Netherlands Development Finance Company

Netherlands Development Finance Company
On August 1, 2018, GEL 160 million worth of 5-year bonds issued by Netherlands Development Finance Company have been admitted to the Georgian Central Security Depository System. The floating rate coupon is paid quarterly at the rate of 3-months (91-days) National Bank of Georgia Certificate of Deposit (CD). Bonds will mature on July 20, 2023. Galt And Taggart acted as the placement agent and bookruner for the issue. 

From the September 6th, GCSD will ensure the clearing and the accounting of the settlements made on the company securities, therefore it would be possible to trade with those bonds in the "Georgian Stock Exchange" system.