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USDGEL
Bid Ask
Tenor Days Points Implied Yields Outright Points Implied Yields Outright Update Date
1W 7 19.8900 3.88% 2.676989 35.9200 6.90% 2.718592 22.10.2018 14:46
2W 14 39.8600 3.88% 2.678986 71.9400 6.91% 2.722194 22.10.2018 14:46
1M 30 85.5800 3.89% 2.683558 154.3800 6.92% 2.730438 22.10.2018 14:46
3M 90 259.0000 3.93% 2.7009 466.0000 6.96% 2.7616 22.10.2018 14:46
6M 180 518.0000 3.93% 2.7268 934.0000 6.98% 2.8084 22.10.2018 14:46
9M 270 778.0000 3.93% 2.7528 1405.0000 7.00% 2.8555 22.10.2018 14:46
1Y 365 1060.0000 3.96% 2.7810 1912.0000 7.04% 2.9062 22.10.2018 14:46
2Y 730 2113.0000 3.95% 2.8863 3847.0000 7.08% 3.0997 22.10.2018 14:46
EURGEL
Bid Ask
Tenor Days Points Implied Yields Outright Points Implied Yields Outright Update Date
1W 7 35.5100 6.04% 3.068551 61.5300 10.27% 3.130153 22.10.2018 14:46
2W 14 71.1800 6.05% 3.072118 123.2600 10.29% 3.136326 22.10.2018 14:46
1M 30 152.9100 6.07% 3.080291 264.7700 10.31% 3.150477 22.10.2018 14:46
2M 60 307.3400 6.10% 3.095734 531.9900 10.36% 3.177199 22.10.2018 14:46
3M 90 463.3000 6.13% 3.11133 801.6900 10.41% 3.204169 22.10.2018 14:46
6M 180 934.3500 6.18% 3.158435 1619.5500 10.51% 3.285955 22.10.2018 14:46
9M 270 1413.2500 6.23% 3.206325 2453.9900 10.62% 3.369399 22.10.2018 14:46
1Y 365 1936.4600 6.32% 3.258646 3362.5600 10.76% 3.460256 22.10.2018 14:46
2Y 730 3986.7900 6.50% 3.463679 6991.9200 11.19% 3.823192 22.10.2018 14:46

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.