The Czech Republic Funding and Debt Management Strategy for 2025 - Second Half Update

The Ministry of Finance presents to the public The Czech Republic Funding and Debt Management Strategy for 2025 – Second Half Update. For 2025, the updated planned financing needs amount to CZK 567.5 billion, i.e. approximately 6.8% of GDP.

In the first half of 2025, more than 80% of the annual redemptions of the CZK-denominated state debt in this year were covered, which allowed the Ministry of Finance to create sufficient space for smoothly covering the remaining financing needs through further issuance activity in the second half of the year.

The limits and targets for each monitored risk indicator of the state debt portfolio defined in The Czech Republic Funding and Debt Management Strategy for 2025 published on 6 January 2025 remain valid till the end of 2025. Updated Strategy was presented and discussed with representatives of primary dealers in Czech government securities and the Czech National Bank at the 31st Primary Dealer Committee meeting held on 25 June 2025 in accordance with Article IX of the Primary Dealer Agreement for Czech Government Securities.