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USDGEL
Bid Ask
Tenor Days Points Implied Yields Outright Points Implied Yields Outright Update Date
1W 7 19.3900 4.03% 2.511939 33.8300 6.94% 2.543383 20.01.2018 12:56
2W 14 38.7700 4.03% 2.513877 67.6600 6.94% 2.546766 20.01.2018 12:56
1M 30 83.0000 4.02% 2.518300 145.0000 6.95% 2.554500 20.01.2018 12:56
3M 90 250.0000 4.04% 2.535000 437.0000 6.98% 2.583700 20.01.2018 12:56
6M 180 500.0000 4.04% 2.560000 874.0000 6.98% 2.627400 20.01.2018 12:56
9M 270 749.0000 4.03% 2.584900 1311.0000 6.98% 2.671100 20.01.2018 12:56
1Y 365 1020.0000 4.06% 2.612000 1783.0000 7.02% 2.718300 20.01.2018 12:56
2Y 730 2031.0000 4.05% 2.713100 3575.0000 7.04% 2.897500 20.01.2018 12:56

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.