Announcement of the Ministry of Finance on Treasury Bonds Auction (11th 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 (11th 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 220.83
Nominal value: CZK 10 000
Volume:**) CZK 6 000 000 000
Maximum acceptable yield of bond: not fixed
Auction date: September 15, 2010
Deadline for bidding: competitive        - September 15, 2010 until 12:00
  non-competitive - September 15, 2010 until 14:45***)
Settlement date: September 20, 2010
Auction type: multiple price (American style)
Type of bidding: at price including two places of decimals
Administrator: Czech National Bank

*)    Announcement is always published on Thursday at 14:00, 6 days before an auction 
**)  Reducing the offered volume of 11th tranche of 56th issue of T-Bonds due to technical reasons, and reflects the   legal limits for Issuance Conditions (maximum amount of the issuance is 90 billion CZK). As part of this estimated  volume offered in the auction, bids up to CZK 3 billion will be covered by sale from own portfolio of the Ministry of Finance, thereby this issue will be closed.
***) 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