The National Bank of Georgia has published the latest Capital Market Review, providing a data-driven snapshot of developments in the Georgian capital market as of the fourth quarter of 2025 and confirming the report will be issued twice a year. The review presents an overview of the market with a primary focus on local bond markets, particularly government securities and publicly issued corporate bonds. It analyses market structure and current trends, the investor base and ownership structure, and secondary market activity, and outlines key challenges. The report also covers the role of commercial banks, investment funds, and the Pension Agency of Georgia in developing the capital market, deepening liquidity, and expanding the investor base.
National Bank of Georgia 2026-03-30
National Bank of Georgia publishes latest Capital Market Review covering Georgian capital markets through Q4 2025
The National Bank of Georgia has published its latest Capital Market Review, providing a data-driven overview of Georgian capital market developments as of the fourth quarter of 2025 and confirming the report will be issued twice a year. The review focuses on local bond markets, analysing market structure, investor base, ownership and secondary market activity, and highlights the role of commercial banks, investment funds and the Pension Agency of Georgia in market development and liquidity.