Issuance activity: Tomorrow, MinFin is scheduled to auction CZK4.0bn of 2028 bonds, CZK4.0bn of 2032 bonds and CZK2.0bn of 2036 bonds. There are three auctions left this year, including tomorrow’s, which is one of the largest in terms of issuance volume this year. The December calendar shows a total of CZK18.0bn to be issued after CZK20.5bn planned for November. Since the beginning of the year, however, MinFin has sold a third more than indicated in the calendars.