Czechs to auction up to CZK 16bn in bonds in December

PRAGUE: The Czech Finance Ministry will offer up to 16 billion crowns ($630.00 million) worth of domestic government bonds in four primary auctions taking place in December, the ministry said on Monday.

The ministry also confirmed the maximum expected nominal value of bonds sold in auctions in the fourth quarter was planned at 80 billion crowns.

The ministry added it would offer up to 15 billion crowns worth of short-term Treasury bills through three auctions scheduled for December. It also confirmed the expected nominal value of T-bills sold in the fourth quarter was 50 billion crowns excluding roll-over.