The National Bank of Georgia adopts Bloomberg E-Bond Solution for Repos

Nov 30, 2022 | Business


WEBWIRE –



Bloomberg and the National Bank of Georgia (NBG) announced the launch of the Bloomberg E-Bond technology solution for local currency Repo instruments, or repurchase agreements. The Bloomberg E-Bond solution provides electronic trading functionality for participants in the Georgian Repo market and provides market surveillance tools to the National Bank. The solution provides the primary trade negotiation system for local currency Repo trading in Georgia’s inter-dealer market. It commenced operation and became the National Bank of Georgia’s official market platform for repurchase agreements on November 28, 2022.


The Georgia E-Bond Repo solution allows local market participants to trade Repo and Reverse Repo via two trade negotiating modes, VTR (voice trade affirmation) and RFQ (request for a quote). Georgia E-Bond provides a complete, consolidated marketplace for Georgian Repos, offering market participants a robust and flexible set of tools supporting the full trade workflow. This includes pre-trade price discovery and analytics, the ability to handle multi-dealer RFQ, downstream integration with banks’ middle and back-office systems, and integrated trade capture and reporting tools.


“Well functioning financial markets are an important priority for the NBG, as they support stable economic growth, financial stability and monetary policy implementation. To foster local financial markets development, we have been working in close cooperation with Bloomberg to launch Georgian Repo E-Bond”, said Archil Mestvirishvili, Vice Governor of the NBG.  “Bloomberg has been a provider of choice for local market participants and the central bank for more than a decade. Therefore, we are delighted to be the first market globally to adopt Bloomberg’s new solution for the Repo market, which offers a much better user-friendly experience and full integration with our securities settlement system for automated, fast and secure processing of interbank securities transactions”.


“We are delighted to expand the set of instruments supported by the Bloomberg E-Bond technology solution and to launch the first Repo E-Bond, in Georgia in partnership with the National Bank of Georgia. The solution will contribute to increasing the transparency, liquidity and efficiency of the Georgian Repo market,” said Katharine Furber, Bloomberg’s Head of Emerging Markets Trading Product. “Debt markets require robust technical infrastructure solutions that are tailored to local market requirements, and our extensive experience in supporting fixed income trading processes allows us to provide solutions that can easily be adapted to the needs and requirements of institutions such as the National Bank.”


The E-Bond technology solution is fully integrated with Bloomberg’s data, news, analytics and communications tools to provide local Georgian clients active in the Repo market with a single, comprehensive solution.


About Bloomberg


Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

Discovery and Georgia Aquarium Enter Into All-New Multi-Platform Content Partnership To Document Animal Experiences and Global Conservation Efforts

May 8, 2021 | Business

Discovery and Georgia Aquarium together will increase the availability of aquatic animal conservation and animal care content through an exciting new multi-platform partnership. This collaboration will provide Discovery’s multi-platform audiences and discovery+, the definitive non-fiction, real life subscription streaming service, with immediate access to innovative real-time content that will highlight Georgia Aquarium’s global conservation efforts and major milestones of the animals who call the 11 million gallons of water at the Atlanta-based aquarium home.

The content created by the all-new partnership will include milestone moments with animals, featuring celebrations of the birth of animals; day to day activities at the aquarium; and expert-led analysis of animal stories in the news. Other content will include virtual field trips; social media live stream events with animals and aquarists; in-depth photo galleries on Discovery.com; and content that will help raise awareness of endangered aquatic species.

“We are pleased to partner with Georgia Aquarium to bring the Discovery audiences up-close to a wide range of very special creatures as we celebrate aquatic animals and their milestones with excitement and immediacy,” said Kristen Variola, Senior Vice President, Multiplatform Production and Digital Strategy, Discovery. “We hope to inspire and educate across all our platforms about not just aquatic animals, but the environments they inhabit while fostering a connection to our natural world.”

“We are thrilled for this new partnership with Discovery which allows us to bring Georgia Aquarium to an even larger audience and connect them with the waters of the world,” said Dr. Brian Davis, President and CEO of Georgia Aquarium. “It is our hope to highlight the issues facing our aquatic ecosystems and what people can do to preserve these unique habitats. Partnering with Discovery, their incredible reach and innovative platforms, will be instrumental in continuing our mission of inspiring a healthy respect for the aquatic world.”

The Aquarium, which ran for two seasons on Animal Planet (2019-2020) and provided viewers with a behind the scenes look at Georgia Aquarium, is available in its entirety on discovery+.

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