The National Bank of Georgia published remarks by First Vice-Governor Ekaterine Mikabadze from a panel at TBC Capital’s International Capital Markets Conference, reflecting on progress and prospects for the development of Georgia’s bond market. Mikabadze framed recent Government of Georgia and National Bank of Georgia capital market reforms as pursuing market growth and investor protection in parallel, with the stated aim of increasing issuances while also strengthening market reliability, transparency, and sustainability. She also underlined the role of financial intermediaries in broadening capital market inclusivity, pointing to the need for brokerage companies and commercial banks to help increase retail participation in public securities through simpler access channels and lower transaction costs.