New Issue: Czech Republic auctions CZK 5.91 billion of bonds in three tranches

By Wendy Van Sickle

Columbus, Ohio, Jan. 4 – The Czech Republic placed CZK 5.91 billion of treasury bonds in three tranches at auction on Thursday.

The republic sold the following, according to a notice:

• CZK 3.66 billion of 100th issue, eighth tranche 0.25% bonds due Feb. 10, 2027 with an average yield of 1.614%;

• CZK 2.05 billion of 89th issue, 15th tranche 2.4% bonds due Sept. 17, 2025 with an average yield of 1.385%; and

• CZK 20 million of 49th issue, 12th tranche 4.2% bonds due April 12, 2036 with an average yield of 2.349%.

The administrator/agent is the Czech National Bank.

Issuer:	Czech Republic
Issue:	Treasury bonds
Total amount:	CZK 5,910,800,000
Agent:	Czech National Bank
Auction date:	Jan. 4
Settlement date:	Jan. 5
100th issue, eighth tranche
Amount:	CZK 3,660,800,000
Maturity:	Feb. 10, 2027
Original maturity:	10 years
Coupon:	0.25%
Average yield:	1.614%
89th issue, 15th tranche
Amount:	CZK 2.05 billion
Maturity:	Sept. 17, 2025
Original maturity:	11.5 years
Coupon:	2.4%
Average yield:	1.385%
49th issue, 12th tranche
Amount:	CZK 20 million
Maturity:	April 12, 2036
Original maturity:	30 years
Coupon:	4.2%
Average yield:	2.349%

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