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USDGEL
Bid Ask
Tenor Days Points Implied Yields Outright Points Implied Yields Outright Update Date
1W 7 18.6000 3.93% 2.47186 32.9400 6.84% 2.513294 24.04.2018 12:12
2W 14 37.1900 3.93% 2.473719 65.8800 6.84% 2.516588 24.04.2018 12:12
1M 30 79.8400 3.93% 2.477984 141.3600 6.85% 2.524136 24.04.2018 12:12
3M 90 240.0000 3.94% 2.4940 425.0000 6.87% 2.5525 24.04.2018 12:12
6M 180 479.0000 3.93% 2.5179 850.0000 6.87% 2.5950 24.04.2018 12:12
9M 270 718.0000 3.93% 2.5418 1276.0000 6.87% 2.6376 24.04.2018 12:12
1Y 365 979.0000 3.96% 2.5679 1736.0000 6.92% 2.6836 24.04.2018 12:12
2Y 730 1951.0000 3.95% 2.6651 3483.0000 6.94% 2.8583 24.04.2018 12:12

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.