Czechs to auction up to CZK 24bn in bonds in April

PRAGUE: The Czech Finance Ministry will offer up to 24 billion crowns ($1.16 billion) worth of domestic government bonds in six primary auctions taking place in April, the ministry said on Monday.

The ministry also said the maximum expected nominal value of bonds sold in auctions in the second quarter is planned at 60 billion crowns.

The ministry added it would also offer up to 20 billion crowns worth of short-term Treasury bills through four auctions scheduled for April. The expected nominal value of T-bills sold in the second quarter is 50 billion crowns excluding roll-over.