Czechs to auction up to CZK 12.5 bln in bonds in May

 PRAGUE: The Czech Finance Ministry will offer up to 12.5 billion crowns ($552.07 million) worth of domestic government bonds in five primary auctions in May, the ministry said on Monday.

The ministry also confirmed 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 not offer any short-term Treasury bills in May and that the expected nominal value of T-bills sold in the second quarter is 10 billion crowns excluding roll-over.