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USDGEL
Bid Ask
Tenor Days Points Implied Yields Outright Points Implied Yields Outright Update Date
1W 7 13.0000 2.46% 2.7533 29.2600 5.48% 2.784926 21.05.2019 10:23
2W 14 26.1000 2.47% 2.75461 58.6200 5.49% 2.787862 21.05.2019 10:23
1M 30 56.1000 2.48% 2.75761 125.8000 5.50% 2.79458 21.05.2019 10:23
3M 90 170.0000 2.51% 2.7690 379.0000 5.53% 2.8199 21.05.2019 10:23
6M 180 352.0000 2.59% 2.7872 771.0000 5.62% 2.8591 21.05.2019 10:23
9M 270 543.0000 2.67% 2.8063 1173.0000 5.70% 2.8993 21.05.2019 10:23
1Y 365 757.0000 2.75% 2.8277 1610.0000 5.79% 2.9430 21.05.2019 10:23
2Y 730 1577.0000 2.87% 2.9097 3295.0000 5.92% 3.1115 21.05.2019 10:23
EURGEL
Bid Ask
Tenor Days Points Implied Yields Outright Points Implied Yields Outright Update Date
1W 7 28.8100 4.90% 3.065881 50.2400 8.43% 3.114024 21.05.2019 10:23
2W 14 57.7400 4.91% 3.068774 100.6500 8.44% 3.119065 21.05.2019 10:23
1M 30 124.0000 4.93% 3.0754 216.1100 8.46% 3.130611 21.05.2019 10:23
2M 60 249.1000 4.95% 3.08791 433.9300 8.49% 3.152393 21.05.2019 10:23
3M 90 375.2800 4.97% 3.100528 653.4600 8.52% 3.174346 21.05.2019 10:23
6M 180 758.8800 5.02% 3.138888 1320.9300 8.62% 3.241093 21.05.2019 10:23
9M 270 1148.5500 5.07% 3.177855 2000.2700 8.70% 3.309027 21.05.2019 10:23
1Y 365 1569.6900 5.12% 3.219969 2733.7400 8.79% 3.382374 21.05.2019 10:23
2Y 730 3232.4700 5.28% 3.386247 5661.0800 9.10% 3.675108 21.05.2019 10:23

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.