Calendar

N	Auction Date	Emission volume (GEL)	Maturity (Days)	Maturity ()	Payment Date	Initial/re-opening
1	1/6/2016	40,000,000	363	12 month	1/5/2017	initial emission
2	1/13/2016	40,000,000	731	2 year	1/14/2018	initial emission
3	1/20/2016	10,000,000	1638	5 year	7/16/2020	re-opening emission N25 2015
4	1/27/2016	40,000,000	364	12 month	1/26/2017	initial emission
5	2/10/2016	40,000,000	703	2 year	1/14/2018	re-opening emission N2
6	2/17/2016	45,000,000	343	12 month	1/26/2017	re-opening emission N4
7	2/24/2016	10,000,000	3268	10 year	2/5/2025	re-opening emission N5 2015
8	3/2/2016	40,000,000	363	12 month	3/2/2017	initial emission
9	3/9/2016	40,000,000	730	2 year	3/10/2018	initial emission
10	3/23/2016	10,000,000	1575	5 year	7/16/2020	re-opening emission N25 2015
11	3/30/2016	40,000,000	336	12 month	3/2/2017	re-opening emission N8

N	Auction Date	Emission volume (GEL)	Maturity (Days)	Maturity (Years)	Payment Date	Initial/re-opening
12	4/6/2016	20,000,000	702	2 Years	3/10/2018	Re-opening emission N9
13	4/20/2016	30,000,000	364	12 Months	4/20/2017	Initial emission
14	4/27/2016	10,000,000	1826	5 Years	4/28/2021	Initial emission
15	5/4/2016	10,000,000	3198	10 Years	2/5/2025	Re-opening emission N5 2015
16	5/11/2016	20,000,000	666	2 Years	3/10/2018	Re-opening emission N9
17	5/18/2016	45,000,000	336	12 Months	4/20/2017	Re-opening emission N13
18	6/1/2016	25,000,000	364	12 Months	6/1/2017	Initial emission
19	6/8/2016	20,000,000	730	2 Years	6/9/2018	Initial emission
20	6/15/2016	10,000,000	1777	5 Years	4/28/2021	Re-opening emission N14
21	6/29/2016	25,000,000	336	12 Months	6/1/2017	Re-opening emission N18

N	Auction Date	Emission volume (GEL)	Maturity (Days)	Maturity (Years)	Payment Date	Initial/re-opening
22	06/07/2016	30,000,000.00	702	2 Years	09/06/2018	Re-opening emission N19
23	13/07/2016	45,000,000.00	364	12 Months	13/07/2017	Initial emission
24	20/07/2016	20,000,000.00	1,742	5 Years	28/04/2021	Re-opening emission N14
25	27/07/2016	30,000,000.00	350	12 Years	13/07/2017	Re-opening emission N23
26	03/08/2016	30,000,000.00	674	2 Years	09/06/2018	Re-opening emission N19
27	10/08/2016	45,000,000.00	364	12 Years	10/08/2017	Initial emission
28	17/08/2016	20,000,000.00	1,714	5 Years	28/04/2021	Re-opening emission N14
29	24/08/2016	40,000,000.00	350	12 Months	10/08/2017	Re-opening emission N27
30	31/08/2016	10,000,000.00	3,079	10 Years	05/02/2025	Re-opening emission N5 of 2015
31	07/09/2016	10,000,000.00	639	2 Years	09/06/2018	Re-opening emission N19
32	21/09/2016	10,000,000.00	1,679	5 Years	28/04/2021	Re-opening emission N14

N	Auction Date	Emission volume (GEL)	Maturity (Days)	Maturity (Years)	Payment Date	Initial/re-opening
33	05/10/2016	33,000,000.00	730	2 Years	06/10/2018	Initial emission
34	12/10/2016	10,000,000.00	364	12 Months	12/10/2017	Initial emission
35	19/10/2016	20,000,000.00	1,826	5 Years	20/10/2021	Initial emission
36	26/10/2016	50,000,000.00	364	12 Months	26/10/2017	Initial emission
37	02/11/2016	45,000,000.00	702	2 Years	06/10/2018	Re-opening emission N33
38	09/11/2016	33,000,000.00	364	12 Months	09/11/2017	Initial emission
39	16/11/2016	20,000,000.00	1,798	5 Years	20/10/2021	Re-opening emission N35
40	22/11/2016	10,000,000.00	2,995	10 Years	05/02/2025	Re-opening emission N5 of 2015
41	07/12/2016	30,000,000.00	667	2 Years	06/10/2018	Re-opening emission N33