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USDGEL
Bid Ask
Tenor Days Points Implied Yields Outright Points Implied Yields Outright Update Date
1W 7 21.6900 4.74% 2.390169 33.3900 7.25% 2.403339 22.08.2017 14:43
2W 14 43.3600 4.73% 2.392336 66.7800 7.25% 2.406678 22.08.2017 14:43
1M 30 95.0000 4.84% 2.3975 145.0000 7.35% 2.4145 22.08.2017 14:43
3M 90 290.0000 4.93% 2.4170 441.0000 7.45% 2.4441 22.08.2017 14:43
6M 180 590.0000 5.01% 2.4470 895.0000 7.56% 2.4895 22.08.2017 14:43
9M 270 901.0000 5.10% 2.4781 1361.0000 7.67% 2.5361 22.08.2017 14:43
1Y 365 1238.0000 5.18% 2.5118 1866.0000 7.77% 2.5866 22.08.2017 14:43
2Y 730 2545.0000 5.33% 2.6425 3837.0000 7.99% 2.7837 22.08.2017 14:43

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.