|Name of issue:||Government Bond of the Czech Republic, 2020–2040, 1.50%|
|Name of issuer:||Czech Republic - the Ministry of Finance|
|Address of issuer:||Letenska 15, 118 10 Prague 1|
|Form of bond:||book-entered security on bearer|
|Maturity date:||24 April 2040|
|Accrued interest:||CZK 11.51|
|Nominal value:||CZK 10 000|
|Total nominal value offered in the
competitive part of the auction:**
|max. CZK 2.0 bn ***|
|Maximum acceptable yield of bond:||not fixed|
|Auction date:||20 May 2020|
|Deadline for bidding:||competitive - 20 May 2020 until 12:00|
|non-competitive - 21 May 2020 until 12:00|
|Settlement date:||22 May 2020|
|Auction type:||multiple price (American style)|
|Type of bidding:||at price including two places of decimals|
|Administrator:||Czech National Bank|
* The issuer shall publish an auction announcement not later than one working day before the auction.
** The Ministry of Finance reserves the right to change the total nominal value during the auction.
*** The auction limit set by an Article IX of Rules for the Primary Sale of Government Securities Organised by the Czech National Bank is cancelled for this auction based on the right of the issuer.