Czech Republic sells CZK 8bn T-bills, yields edge up as demand weakens.

By bne IntelliNews August 22, 2013

The Czech Republic sold CZK 8bn (EUR 311mn) in 39-week Treasury Bills at an auction on August 22, 2013, in line with the original offer, the central bank said. The bills, which mature on May 23, 2014, were sold at an average yield of 0.13%, slightly up from 0.12% at the previous auction of 39-week bills held on June 6.

Investors’ demand eased to CZK 11.4bn from CZK 14.1bn at the June auction, when CZK 7.6bn of the bills were sold.

The finance ministry plans to offer for sale T-Bills with a nominal value of CZK 40bn in the third quarter of 2012, slightly up from CZK 38.1bn sold in the second quarter.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Four Czechs on Kyrgyzstan skiing holiday killed in avalanches

Four Czech citizens on a skiing holiday were killed in avalanches that occurred in Kyrgyzstan's northern district of Ak-Suu over the weekend, according to the Issyk-Kul regional police department. ... more

Czech Raiffeisenbank profit in 1-3Q 2023 dropped by 27.5% y/y

The Czech branch of Raiffeisenbank (RB) registered a 27.5% year-on-year drop in profits in the first three quarters of 2023 to CZK3.96bn (€162mn). RB’s assets grew by 13.3% to CZK679bn, Czech ... more

South Africa regulator stops Sasol's bid to sell sodium cyanide unit to Czech rival Draslovka

South Africa’s Competition Tribunal has prohibited a proposed intermediate merger involving the sale by a local company of its sodium cyanide business to another from the Czech Republic. Local ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    6 days ago
  2. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    7 days ago
  3. Russia’s war economy boosted by rising oil prices
    8 days ago
  4. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  5. Russia’s $13.4bn current account surplus in March second highest since 2007
    7 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    24 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    29 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    27 days ago
  5. UBN: Russia could take the Baltic states in 48 hours
    1 month ago

Reports

Dismiss