Announcement of the Ministry of Finance on Treasury Bonds Auction (1st Tranche of 56th Issue)

Dept 20 - Debt and Financial Assets Management Department
Dept 20 - Debt and Financial Assets Management Department

Published

  • State Debt

Announcement of the Ministry of Finance on Treasury Bonds Auction (1st Tranche of 56th Issue)
Name of issue: Treasury Bond of the Czech Republic, 2009-2019
ISIN: CZ 0001002471
Name of issuer: Ministry of Finance on behalf of the Czech Republic
Address of issuer: Letenska 15, 118 10 Prague 1
Bond type: bearer
Bond form: book-entered (Prague Securities Centre)
Maturity date: 11 April 2019
Coupon (annual): 5.00 %
Accrued interest: CZK 0.00
Nominal value: CZK 10 000
Volume:**) CZK 8 000 000 000
Maximum acceptable yield of bond: not fixed
Auction date: 18 March 2009
Deadline for bidding: competitive        - 18 March 2009 until 12:00
  non-competitive - 18 March 2009 until 14:45***)
Settlement date: 23 March 2009
Auction type: multiple price (American style)
Type of bidding: at price including two places of decimals
Administrator: Czech National Bank

In addition,  Ministry of Finance will offer T-bonds for approximately CZK 1.5 billion  at the average price of the  auction in order to invest  into the Nuclear Account, which MoF  administrates in accordance with § 27 of Act No. 18/1997 Coll.

*)    Announcement is always published on Thursday at 14:00, 6 days before an auction 
**)   Ministry of Finance reserves the right to change the volume during the auction
***) May be extended during the auction upon the decision by the Czech National Bank

List of direct participants on T- bond auctions

Issue conditions of 56th issue