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USDGEL
Bid Ask
Tenor Days Points Implied Yields Outright Points Implied Yields Outright Update Date
1W 7 18.3800 3.62% 2.646838 34.2200 6.65% 2.688422 14.12.2018 11:21
2W 14 36.8400 3.63% 2.648684 68.5300 6.65% 2.691853 14.12.2018 11:21
1M 30 79.1000 3.64% 2.65291 147.0500 6.66% 2.699705 14.12.2018 11:21
3M 90 239.0000 3.66% 2.6689 444.0000 6.71% 2.7294 14.12.2018 11:21
6M 180 479.0000 3.67% 2.6929 889.0000 6.71% 2.7739 14.12.2018 11:21
9M 270 719.0000 3.67% 2.7169 1336.0000 6.73% 2.8186 14.12.2018 11:21
1Y 365 980.0000 3.71% 2.7430 1818.0000 6.77% 2.8668 14.12.2018 11:21
2Y 730 1950.0000 3.69% 2.8400 3650.0000 6.80% 3.0500 14.12.2018 11:21
EURGEL
Bid Ask
Tenor Days Points Implied Yields Outright Points Implied Yields Outright Update Date
1W 7 33.2300 5.81% 2.987323 58.6300 10.05% 3.047863 14.12.2018 11:21
2W 14 66.6000 5.82% 2.99066 117.4400 10.07% 3.053744 14.12.2018 11:21
1M 30 143.0800 5.83% 2.998308 252.2400 10.09% 3.067224 14.12.2018 11:21
2M 60 287.5700 5.86% 3.012757 506.7300 10.13% 3.092673 14.12.2018 11:21
3M 90 433.4800 5.89% 3.027348 763.5000 10.18% 3.11835 14.12.2018 11:21
6M 180 873.7600 5.94% 3.071376 1541.4900 10.28% 3.196149 14.12.2018 11:21
9M 270 1320.9500 5.98% 3.116095 2334.3100 10.37% 3.275431 14.12.2018 11:21
1Y 365 1809.4000 6.06% 3.16494 3196.7200 10.51% 3.361672 14.12.2018 11:21
2Y 730 3716.4700 6.23% 3.355647 6629.3600 10.90% 3.704936 14.12.2018 11:21

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 and EUR against GEL, published by Bank of Georgia in the Bloomberg Information System. These rates are valid for a notional amount of GEL 1 million.