Announcement of the Ministry of Finance on Treasury Bonds Auction (2nd Tranche of 146th Issue)
| Name of issue: | Government EUR-Bond of the Czech Republic, 2022–2024, 0.00% |
|---|---|
| ISIN: | CZ0001006480 |
| Name of issuer: | Czech Republic - the Ministry of Finance |
| Address of issuer: | Letenska 15, 118 10 Prague 1 |
| Form of bond: | book-entered security on bearer |
| Maturity date: | 24 April 2024 |
| Coupon: | 0.00% |
| Accrued interest: | EUR 0.00 |
| Nominal value: | EUR 1 000 |
| Total nominal value offered in the competitive part of the auction:** |
max. EUR 200.0 mil*** |
| Maximum acceptable yield of bond: | not fixed |
| Auction date: | 18 May 2022 |
| Deadline for bidding: | competitive - 18 May 2022 until 12:00 |
| non-competitive - will not take place | |
| Settlement date: | 20 May 2022 |
| Auction type: | multiple price (American style) |
| Type of bidding: | at price including two places of decimals |
| Administrator: | Czech National Bank |
* The issuer shall publish an auction announcement not later than one working day before the auction.
** The Ministry of Finance reserves the right to change the total nominal value during the auction.
*** The auction limit set by an Article IX of Rules for the Primary Sale of Government Securities Organised by the Czech National Bank is canceled for this auction based on the right of the issuer.
These government bonds may be used as collateral against loans provided by the European Central Bank.
The Ministry of Finance is prepared to increase nominal value offered in auction in the case of investors demand and favourable market conditions. Minimum target outstanding amount is 500 mil. EUR.