Czechs to auction up to CZK 25bn worth of domestic bonds in March

PRAGUE: The Czech Finance Ministry will offer up to 25 billion crowns ($1.10 billion) worth of domestic government bonds in five primary auctions taking place in March, the ministry said on Monday.

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

The ministry added it would not offer any short-term Treasury bills in the month, while the expected nominal value of T-bills sold in the first quarter is 10 billion crowns excluding roll-over.