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CZGB Auction Preview: Third reopening of the euro-denominated bond
6/18/2019 12:51 PM
Tomorrow, the MinFin plans to issue a two-year euro-denominated zero-bond in a total maximum volume of EUR200m under Czech law via the primary-market dealers (not a eurobond in the classical sense). This is a new way to secure FX liquidity for the government's borrowing needs introduced this year. The MinFin thus covers its FX exposure resulting from the maturity of eurobonds last year.
Autor: František Táborský
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