New Issue: Czech Republic auctions CZK 13.61 billion of bonds in three tranches

By Wendy Van Sickle

Columbus, Ohio, Oct. 6 – The Czech Republic priced CZK 13.61 billion of treasury bonds in three tranches at auction on Thursday.

The republic sold the following bond issues, according to a notice:

• CZK 7,392,170,000 of 98th issue, sixth tranche 0% bonds due July 17, 2019 with an average yield of negative 0.416%;

• CZK 2,275,940,000 of 97th issue, eighth tranche 0.45% bonds due Oct. 25, 2023 with an average yield of 0.041%; and

• CZK 3,942,750,000 of 95th issue, seventh tranche 1% bonds due June 26, 2026 with an average yield of 0.272%.

The administrator/agent is the Czech National Bank.

Issuer:	Czech Republic
Issue:	Treasury bonds
Total amount:	CZK 13,610,860,000
Agent:	Czech National Bank
Auction date:	Oct. 6
Settlement date:	Oct. 7
98th Issue, sixth tranche
Amount:	CZK 7,392,170,000
Maturity:	July 17, 2019
Original maturity:	3.5 years
Coupon:	0%
Average yield:	Negative 0.416%
97th Issue, eighth tranche
Amount:	CZK 2,275,940,000
Maturity:	Oct. 25, 2023
Original maturity:	8.1 years
Coupon:	0.45%
Average yield:	0.041%
95th issue, seventh tranche
Amount:	CZK 3,942,750,000
Maturity:	June 26, 2026
Original maturity:	11 years
Coupon:	1%
Average yield:	0.272%

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