Announcement of the Ministry of Finance on Treasury Bonds Auction (1st Tranche of 63rd 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 63rd Issue)
Name of issue: Treasury Bond of the Czech Republic, 2011-2023, VAR %
ISIN: CZ0001003123
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
Maturity date: 18 April 2023
Coupon (annual): VAR % **
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: 13 April 2011
Deadline for bidding: competitive        - 13 April 2011 until 12:00
  non-competitive - 13 April 2011 until 14:45****
Settlement date: 18 April 2011
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 
**) The interest rate for one yield period is 12M PRIBOR increased by spread of 65 basis points. The interest rate for the first yield period will be fixed on the day of 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 63rd issue