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Published on 3/16/2017 in the Prospect News Emerging Markets Daily.

New Issue: Czech Republic auctions CZK 7.25 billion 0%, 2.4% bonds due 2020, 2025

By Wendy Van Sickle

Columbus, Ohio, March 16 – The Czech Republic placed CZK 7.25 billion of treasury bonds in two tranches at auction on Thursday.

The republic sold the following, according to a notice:

• CZK 5.04 billion of 101st issue, fourth tranche 0% bonds due 2020 with an average yield of negative 0.021%; and

• CZK 3.22 billion of 89th issue, 13th tranche 2.4% bonds due 2025 with an average yield of 0.748%.

The administrator/agent is the Czech National Bank.

Issuer:Czech Republic
Issue:Treasury bonds
Total amount:CZK 7,254,110,000
Agent:Czech National Bank
Auction date:March 16
Settlement date:March 17
101st issue, fourth tranche
Amount:CZK 5,035,810,000
Maturity:Feb. 10, 2020
Original maturity:Three years
Coupon:0%
Average yield:Negative 0.021%
89th issue, 13th tranche
Amount:CZK 2,218,300,000
Maturity:Sept. 17, 2025
Original maturity:11.5 years
Coupon:2.4%
Average yield:0.748%

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