Quick Navigation

USDGEL
Bid Ask
Tenor Days Points Implied Yields Outright Points Implied Yields Outright Update Date
1W 7 22.9500 4.99% 2.402295 34.8400 7.51% 2.423484 23.06.2017 12:16
2W 14 45.8800 4.98% 2.404588 69.6900 7.51% 2.426969 23.06.2017 12:16
1M 30 100.0000 5.07% 2.410000 151.0000 7.59% 2.435100 23.06.2017 12:16
3M 90 306.0000 5.17% 2.430600 460.0000 7.71% 2.466000 23.06.2017 12:16
6M 180 623.0000 5.26% 2.462300 934.0000 7.83% 2.513400 23.06.2017 12:16
9M 270 967.0000 5.45% 2.496700 1439.0000 8.04% 2.563900 23.06.2017 12:16
1Y 365 1327.0000 5.53% 2.532700 1972.0000 8.15% 2.617200 23.06.2017 12:16
2Y 730 2769.0000 5.77% 2.676900 4111.0000 8.49% 2.831100 23.06.2017 12:16

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.