Czechs raise quarterly limit, to auction up to CZK 35bn in bonds in June

PRAGUE: The Czech Finance Ministry will offer up to 35 billion crowns ($1.60 billion) worth of domestic government bonds in nine primary auctions in June, the ministry said on Monday.

The ministry also increased the maximum expected nominal value of bonds sold in auctions in the second quarter to 80 billion crowns from 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 June. It confirmed the expected nominal value of T-bills sold in the second quarter was 50 billion crowns, excluding roll-overs.