State Debt
- State Debt Management
- Primary Dealers
- Primary Market
- Secondary Market
- Domestic Issues of Government Securities
- Foreign Issues of Government Securities
- Liquidity Management of the State Treasury Balance
- Investment Portfolios
- Debt Statistic
- Legislation and Rules
- References
News
Issuance Calendars - June 2012
Issuance calendars results from Funding and Debt Management Strategy for 2012.
Source: MoF, Debt and Financial Assets Management Department
Published: May 14, 2012
Issuance Calendar of Retail Savings Bonds - II. Quarter 2012
Issuance calendars results from Funding and Debt Management Strategy for 2012.
Source: MoF, Debt and Financial Assets Management Department
Published: May 10, 2012
Purchase of State Bonds by the European Investment Bank
On 9 May 2012, the European Investment Bank purchased from the Ministry of Finance state bonds in the aggregate nominal value of CZK 1,000,000,000.00, ISIN CZ0001002547, for a total price of CZK 1,221,400,000.00. The trade is made under the Funding Agreement between the Ministry of Finance and the European Investment Bank dated 8 December 2009, as amended from time to time, under which the European Investment Bank agreed to purchase state bonds from the Ministry from time to time subject to satisfaction of certain conditions.
- For and on behalf of the Ministry of Finance of the Czech Republic
- Date: 10 May 2012
Performance Evaluation of Primary Dealers in Czech Government Securities - March 2012
The Ministry of Finance hereby presents its regular Performance Evaluation of Primary Dealers in Czech Government Securities. The Primary Dealers are evaluated from Q2 2011 to Q1 2012. As from 1 October 2011, the evaluation methodology has changed significantly.
Source: MoF, Debt and Financial Assets Management Department
Published: April 30, 2012
Issuance Calendars - May 2012
Issuance calendars results from Funding and Debt Management Strategy for 2012.
Source: MoF, Debt and Financial Assets Management Department
Published: April 16, 2012
Debt Portfolio Management Quarterly Review - March 2012
The Ministry of Finance submits the 29th Debt Portfolio Management Quarterly Review. The purpose is to present the underlying debt portfolio risk management measures and performance with respect to the planned annual financing programme. Thus, achievements of the medium-term strategic targets of debt management policy are reported. For 2012 these targets were quantifi ed in the Czech Republic Funding and Debt Management Strategy for 2012 released on 15 December 2011. The Strategy specifies operating space for the asset and liability management through issuance activity, financial investment and active operations of the Ministry of Finance on secondary market of government bonds and financial derivatives.
Source: MoF, Debt and Financial Assets Management Department
Published: April 10, 2012
Quarterly tables on the level and development of the central government debt (4th quarter 2011)
The Ministry of Finance publishes tables concerning the level and development of the central government debt for 4th quarter 2011 under the methodology of IMF. The tables facilitate to analyze the debt under following basic criterions:
The Ministry of Finance also offers data on state guarantees and time series of the development of the central government debt:
Data concerning the level and development of the central government debt are available in the summary table as well:
Issuance Calendars - April 2012
Issuance calendars results from Funding and Debt Management Strategy for 2012.
Source: MoF, Debt and Financial Assets Management Department
Published: March 12, 2012
Czech Republic issues successful long 10-year EUR 2 billion Eurobond
On February 20th, The Czech Republic, rated A1, AA-, and A+ (all stable outlook) by Moody’s, Standard & Poor’s, and Fitch respectively, launched and priced a new long 10-year EUR 2bn Eurobond issue, achieving a coupon of 3.875%. Barclays Capital, Česká spořitelna (Erste Group), SG CIB and UniCredit were mandated as Joint-Lead Managers.
Issuance Calendars - March 2012
The Ministry of Finance included T-Bond of the Czech Republic, 2006-2036, 4.20 %, into the Issuance Calendar for Treasury Bonds for March 2012 on the basis of indicated demand of Primary Dealers and their recommendations. The primary objective of the Ministry of Finance is not a regular and significant sale of that T-Bond within this year, but flexible response to investors’ interest in long-term government bonds as a sign of credibility of the Czech Republic.
Issuance calendars results from Funding and Debt Management Strategy for 2012.
Source: MoF, Debt and Financial Assets Management Department
Published: February 13, 2012
Annual Performace Evaluation of Primary Dealers in Czech Government Securities in 2011
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Performance Evaluation of Primary Dealers – Year 2011 (aggregation of the old and new methodology) - including Performance Evaluation for the 1st Quarter to the 3rd Quarter of 2011 according to the old methodology and for the 4th Quarter of 2011 according to the new methodology
Notification of the Issuer – Tap Sale of CZGB 2009-2024, 5.70 %
In accordance with “Funding and Debt Management Strategy for 2012”, Chapter No. 5, the Ministry of Finance made a Tap Sale of CZGB 5.70/24 in the total nominal value of CZK 850.000.000. T-Bonds were sold to four Primary Dealers at average price of 121,28. The deal was made on 25 January 2012. Settlement day is set at 30 January 2012.
- Date of publication: 25 January 2012
Announcement of Issuer – Completion of Issue Conditions of 67. Issue of T-Bond
Ministry of Finance announces that the spread of T-Bond of the Czech Republic, 2012- 2017, VAR % (ISIN CZ0001003438) equals 85 basic points above the reference interest rate (6M PRIBOR)
- Date of publication: 16.01.2011
Notification of the Issuer – Tap Sale of CZGB 2009-2024, 5.70 %
In accordance with “Funding and Debt Management Strategy for 2012”, Chapter No. 5, the Ministry of Finance made a Tap Sale of CZGB 5.70/24 in the total nominal value of CZK 1.000.000.000. T-Bonds were sold to three Primary Dealers at average price of 118,50. The deal was made on 11 January 2012 and settlement day is set at16 January 2012.
- Date of publication: 11 January 2012
Debt Portfolio Management Quarterly Review - December 2011
The Ministry of Finance submits the 28th Debt Portfolio Management Quarterly Review. The purpose is to present the underlying debt portfolio risk management measures and performance with respect to the planned annual fi nancing program. Consequently, achievements of the medium-term strategic targets of debt management policy are reported. For the year 2011, these targets were quantified in the Financing and Debt Management Strategy for 2011 released on December 2, 2010. The Strategy specifi es operating space of the asset and liability management trough issuance activity, fi nancial investment and active operations of Ministry of Finance on secondary market of government bonds and fi nancial derivatives.
Source: MoF, Debt and Financial Assets Management Department
Published: February 9, 2012
Issuance Calendars - February 2012
Issuance calendars results from Funding and Debt Management Strategy for 2012.
Source: MoF, Debt and Financial Assets Management Department
Published: February 9, 2012
Quarterly Review Debt Portfolio Management
Debt Portfolio Management Quarterly Review - March 2012
Published on April 10, 2012 by Funding & Portfolio Management, Ministry of Finance
Financing and Debt Strategy
Funding and Debt Management Strategy for 2012
