Czechs sell CZK 2.0bn of 0.45/23 govt bonds

PRAGUE: The Czech Finance Ministry sold 2.01 billion crowns ($79.77 million) worth of 0.45/23 government bonds in the first, competitive round of bidding at an auction on Wednesday.

The ministry had planned to offer 2.0 billion to 5.0 billion crowns worth of the bonds in its first sale of the paper.

The bond was sold along with 11.0 billion crowns worth of a 0.00 percent coupon bond due in 2017 and 2.09 billion crowns worth of a 0.95 percent coupon bond due in 2030.