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USDGEL
Bid Ask
Tenor Days Points Implied Yields Outright Points Implied Yields Outright Update Date
1W 7 22.0200 4.73% 2.427202 36.5600 7.77% 2.458656 27.03.2017 11:14
2W 14 44.0400 4.73% 2.429404 73.1400 7.77% 2.462314 27.03.2017 11:14
1M 30 97.0000 4.87% 2.4347 160.0000 7.93% 2.4710 27.03.2017 11:14
3M 90 303.0000 5.07% 2.4553 492.0000 8.13% 2.5042 27.03.2017 11:14
6M 180 629.0000 5.26% 2.4879 1012.0000 8.36% 2.5562 27.03.2017 11:14
9M 270 995.0000 5.55% 2.5245 1576.0000 8.68% 2.6126 27.03.2017 11:14
1Y 365 1389.0000 5.73% 2.5639 2186.0000 8.90% 2.6736 27.03.2017 11:14
2Y 730 3036.0000 6.26% 2.7286 4718.0000 9.61% 2.9268 27.03.2017 11:14

Execution of a Forward contract is subject to a credit line approval or a deposit pledge. The volume of the deposit to be pledged depends on the term of the Forward contract. In the stable markets, the volume of the pledged deposit does not exceed 20% of the notional amount of the Forward contract.

The Forward exchange rate is calculated using the following formula:

  • Forward Bid Rate = Current Bid Exchange Rate + Bid Forward Point / 10000;
  • Forward Ask Rate = Current Ask Exchange Rate + Ask Forward Point / 10000;
  • Current Bid and Ask Exchange Rates can be found in the “Wholesale Rates” menu..

The Forward points are the forward prices of USD against GEL, published by Bank of Georgia in the Bloomberg Information System. These rates are valid for a notional amount of GEL 1 million.