General information ‒ Georgia

14.02.2023

CBL-eligible security types

  • Government bonds denominated in Georgian Lari (GEL);
  • Supranational and international financial institutional (IFI) bonds denominated in Georgian Lari (GEL);
  • Corporate bonds denominated in Georgian Lari (GEL) (following acceptance process in CBL).

CBL-non-eligible security types

  • Equities;
  • Corporate bonds.

Depository

BANK OF GEORGIA
Bank of Georgia Headquarters
29a Gagarin Str.
Tbilisi 0160
Georgia


Depository Code: 51

Cash correspondent details

Currency:

Georgian Lari (GEL)

CCB name:

Bank of Georgia

CBL account:

GE18BG0000000570221000

SWIFT address:

BAGAGE22CUS

Foreign nominee holder account

The securities in Georgia are fully dematerialised and are held in the direct nominee account participant at the National Bank of Georgia or at Georgian Central Securities Depository.

The securities are held in the “Bank of Georgia client nominee account” on behalf of CBL customers.

Clearstream maintains two indirect links via Bank of Georgia:

  1. Indirect link to the National Bank of Georgia (for sovereign debt) and;
  2. Indirect link to the Georgian Central Securities Depository (for supranational and IFI bonds).

The table below summarises Clearstream Banking's setup for settlement services related to the Georgian market.

NameAccount holderLink typeSecurity type

National Bank of Georgia

Clearstream Banking S.A. via Bank of Georgia client nominee account at the CSD

Indirect link, via Bank of Georgia

Sovereign debt

Georgian Central Securities Depository

Clearstream Banking S.A. via Bank of Georgia client nominee account at the CSD

Indirect link, via Bank of Georgia

Supranational and IFI bonds