The National Bank of Georgia published remarks by First Vice President Ekaterine Mikabadze at an event marking Tegeta Holding’s successful placement of EUR 11 million in two-year bonds under a USD 60 million bond programme. In that context, she said the rising volume of bond issuance in Georgia’s capital market points to greater diversification of corporate funding sources and stronger investor interest. Mikabadze noted that Georgian companies from various sectors carried out public placements of GEL 1.6 billion in bonds last year, a 3.3-fold increase and a record level, and said the trend is continuing this year. The Tegeta Holding issue carries a 6.25 percent coupon, described as the lowest rate for EUR-denominated bonds in Georgia’s capital market over the past five years. TBC Capital acted as the exclusive placement agent, and the securities will be listed on the Tbilisi Stock Exchange.
National Bank of Georgia 2026-05-13
National Bank of Georgia highlights record growth in public bond issuance at Tegeta Holding EUR 11 million bond placement
The National Bank of Georgia published remarks by First Vice President Ekaterine Mikabadze highlighting Tegeta Holding’s EUR 11 million two-year bond placement under a USD 60 million programme as evidence of growing corporate bond issuance and investor interest. She noted that Georgian companies conducted GEL 1.6 billion in public bond placements last year, a 3.3-fold increase and a record level, with the trend continuing this year. The Tegeta Holding bonds carry a 6.25 percent coupon, the lowest rate for EUR-denominated bonds in Georgia’s capital market over the past five years, and will be listed on the Tbilisi Stock Exchange.