PRAGUE- The Czech Finance Ministry will offer up to 30 billion crowns ($1.31 billion) worth of domestic government bonds in four primary auctions in October, it said on Monday.
The ministry also said the maximum expected nominal value of bonds sold in auctions in the fourth quarter was planned at 30 billion crowns.
The ministry added it would also offer up to 10 billion crowns worth of short-term Treasury bills through one auction scheduled for October. It said the expected nominal value of T-bills sold in the fourth quarter is 40 billion crowns excluding roll-over.
The Czech state has eased up in issuance in recent months after a record first half when it had sought to secure financing a state budget deficit that is expected to be several times original plans due to the coronavirus pandemic.
($1 = 22.8850 Czech crowns)
(Reporting by Mirka Krufova; Editing by Jason Hovet) ((prague.newsroom@thomsonreuters.com)(+420 234 721 617)(Reuters Messaging: mirka.krufova.thomsonreuters.com@reuters.net))
