Basic Information

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

Published

  • State Debt
Updated 22-12-2015
  • Update Benchmark issue – MTS CR Committee decision
  • Updated List of Government Bonds Subjected to Quoting Obligations on MTS
  • Updated List of Government Bonds Subjected to Quoting Obligations on MTS
  • Publication of the Annex - Czech Republic - as of 05.06.2014
  • Updated List of Government Bonds Subjected to Quoting Obligations on MTS and Publication of the Annex

In accordance with the strategic goal for 2011,the national electronic platform MTS Czech Republic for the secondary market of CZK denominated government bonds has been as of 1 July 2011 implemented. The pilot operation of this platform was launched on 11 July 2011 for the period lasting until 30 September 2011, and as of the fourth quarter of 2011, full operation was launched consisting in the fulfillment of the quotation requirements related to the signature of the Primary Dealer Agreement for Czech Government Securities. Basic principles of trading on secondary market platform MTS CR are defined in Market rules which were amended effective from 4 January 2016 (Annex - Czech Republic - effective as of 4.1.2016 (.PDF, 353 kB)). The Annex should be read in conjunction with the General MTS Domestic Market Rules - effective as of 20.1.2015 (.PDF, 260 kB).

The objective of the trading platform MTS (MTS GROUP)  which is used by all major global and European financial institutions is to create and manage an effective and transparent secondary market. The MTS platform also enables clear monitoring of the behavior of market participants and compliance with the set rules in real time as a basis for the subsequent evaluation of their performance and point awarding.

The participation in the MTS Czech Republic system and the active generation of the secondary market based on defined rules is now one of the main conditions for inclusion in the Primary Dealer Group.

Update of List of Government Bonds Subjected to Quoting Obligations on MTS CR

On 1 January 2016, based on the agreement with the Primary Dealers in Czech government securities, the Ministry of Finance has included three additional benchmark government bonds to the list government bonds subjected to quoting obligations on the electronic platform MTS Czech Republic, namely CZGB 0.95/30, CZGB 1.00/26 and CZGB 0.45/23. 13 issues of government bonds (out of 24 issues outstanding) are now subjected to quoting obligations on the MTS Czech Republic.

Due to the short residual maturity CZGB VAR/16 and 0.50/16 were excluded from the list. With the reference to the agreements with primary dealers CZGB 4.20/36 was replaced by CZGB 0.95/30.

List of T-bonds to be quoted on MTS Czech Republic/ Benchmark issue As of 1st january 2016
Issue number Issue name ISIN Current coupon Issue date Maturity date  Bucket
51. issue CZGB 4.00 /17 CZ0001001903 4.00 30.04.2007 11.04.2017 A
 88. issue   CZGB 0.85 /18  CZ0001004246   0.85 17.03.2014   17.03.2018  A
41. issue CZGB 4.60 /18 CZ0001000822 4.60 18.08.2003 18.08.2018 A
56. issue CZGB 5.00 /19 CZ0001002471 5.00 23.03.2009 11.04.2019 A
76. issue  CZGB 1.50 /19  CZ0001003834 1.50 14.01.2013  29.10.2019 B
61. issue CZGB 3.85 /21 CZ0001002851 3.85 29.11.2010 29.09.2021 B
52. issue CZGB 4.70 /22 CZ0001001945 4.70 18.06.2007 12.09.2022 C
97. issue CZGB 0.45/23 CZ0001004600 0.45 25.09.2015 25.10.2023 C
58. issue CZGB 5.70 /24 CZ0001002547 5.70 25.05.2009 25.05.2024 C
 89. issue  CZGB 2.40 /25  CZ0001004253 2.40 17.03.2014  17.09.2025  C
95. issue CZGB 1.00/26 CZ0001004469 1.00 26.06.2015 26.06.2026 C
78. issue CZGB 2.50 /28 CZ0001003859 2.50 25.02.2013 25.08.2028 C
94. issue CZGB 0.95/30 CZ0001004477 0.95 15.05.2015 15.05.2030 D

 

 

Bucket Remaining Time to Maturity Minimum Quoted Volume
Minimum Quoted Volume
A 1.25 - 3.5 years CZK 50 mio
B 3.5 - 6.5 years CZK 50 mio
C 6.5 - 13.5 years CZK 40 mio
D exceeding 13.5years CZK 30 mio