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USDGEL
Bid Ask
Tenor Days Points Implied Yields Outright Points Implied Yields Outright Update Date
1W 7 21.4400 4.49% 2.494144 33.7000 7.00% 2.51337 23.10.2017 18:00
2W 14 42.8600 4.48% 2.496286 67.3900 7.00% 2.516739 23.10.2017 18:00
1M 30 93.0000 4.54% 2.5013 145.0000 7.03% 2.5245 23.10.2017 18:00
3M 90 281.0000 4.57% 2.5201 439.0000 7.09% 2.5539 23.10.2017 18:00
6M 180 567.0000 4.61% 2.5487 885.0000 7.15% 2.5985 23.10.2017 18:00
9M 270 857.0000 4.65% 2.5777 1337.0000 7.20% 2.6437 23.10.2017 18:00
1Y 365 1181.0000 4.74% 2.6101 1832.0000 7.30% 2.6932 23.10.2017 18:00
2Y 730 2436.0000 4.89% 2.7356 3765.0000 7.50% 2.8865 23.10.2017 18:00

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.