New Issue: Czech Republic auctions CZK 6.35 billion of bonds in three tranches

By Wendy Van Sickle

Columbus, Ohio, April 13 – The Czech Republic placed CZK 6.35 billion of treasury bonds in three tranches at auction on Thursday.

The republic sold the following, according to a notice:

• CZK 2.28 billion of 76th issue, 15th tranche 1.5% bonds due Oct. 29, 2019 with an average yield of negative 0.014%;

• CZK 2.15 billion of 97th issue, 12th tranche 0.45% bonds due Oct. 25, 2023 with an average yield of 0.511% and

• CZK 1.92 billion of 89th issue, 14th tranche 2.4% bonds due Sept. 17, 2025 with an average yield of 0.848%.

The administrator/agent is the Czech National Bank.

Issuer:	Czech Republic
Issue:	Treasury bonds
Total amount:	CZK 6,352,470,000
Agent:	Czech National Bank
Auction date:	April 13
Settlement date:	April 18
76th issue, 15th tranche
Amount:	CZK 2,281,430,000
Maturity:	Oct. 29, 2019
Original maturity:	6.8 years
Coupon:	1.5%
Average yield:	Negative 0.014%
97th issue, 12th tranche
Amount:	CZK 2,150,550,000
Maturity:	Oct. 25, 2023
Original maturity:	8.1 years
Coupon:	0.45%
Average yield:	0.511%
89th issue, 14th tranche
Amount:	CZK 1,920,490,000
Maturity:	Sept. 17, 2025
Original maturity:	11.5 years
Coupon:	2.4%
Average yield:	0.848%

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.