The Ministry of Finance presents to the public the Czech Republic Funding and Debt Management Strategy for 2026, which takes into account the necessary period of operations under the indicators of the provisional budget in the first weeks of 2026. After the approval of the draft State Budget Act of the Czech Republic for 2026, its update will be published, primarily concerning the quantification of the total financing needs of the state in 2026 and in the outlook until 2028, as well as the quantification of interest expenditures of the state budget. This update will not affect the presented annual framework issuance plan of government bonds.

For 2026, the state debt redemptions amount to CZK 423.6 billion, including the CZK-denominated state treasury bills of CZK 117.0 billion, which have once again become a more significant debt instrument, also due to their current cost-effectiveness.

During the first quarter of 2026, the standard issuance activity of the state will take place, which will not be influenced by the operational needs of state organizational units under the indicators of the provisional budget, primarily for the purpose of pre-financing state debt redemptions in individual currencies.

The detailed evaluation in the area of the development of the state debt, the issuance activity of the state, the government bond market, the development of interest expenditure of the state budget, the risk monitoring of debt portfolio and annual performance evaluation of Primary Dealers in Czech Government Securities will be published as part of the Czech Republic Government Debt Management Annual Report for 2025 on 27 February 2026.