
The Chair of the Budget and Finance Committee commented on the issuance of five-year Eurobonds worth USD 500 million on the London Stock Exchange, stating that the Government has successfully issued USD 500 million in Eurobonds on the London Stock Exchange.
Georgia first issued Eurobonds in 2008 and has since refinanced them several times (in 2011, 2021, and now in 2026).
“Why is this interesting and important?
The interest rate that Georgia is required to pay consists of two components. The first is the cost of the US dollar, which is the same for all countries and is determined by the US Federal Reserve. The second is the country risk premium, which was high in 2008, decreased to 3.5% in 2011, dropped further to 2.07% in 2021, and now stands at 1.51% in 2026. It should be noted that Georgia’s risk premium is the best among countries with similar or one-notch higher credit ratings.
"Demand from international investors exceeded USD 500 million, reaching a record volume of USD 2.8 billion. On the one hand, this fact practically confirms the high (positive) assessments of our country by the International Monetary Fund, the World Bank, and other international organizations, and on the other hand, once again demonstrates the level of the country’s sound economic development. It is expected that this will contribute to increased investment inflows and the attraction of low-interest foreign financing for the country. At the same time, this will support the improvement of Georgia’s credit ratings,” - he stated.