The Czech finance ministry sold CZK 10bn ( EUR 364mn ) in 2022 and 2028 government bonds at an auction on January 15 , in line with the maximum planned amount, the central bank said. This was the country's first bond auction for the year. The ministry sold CZK 6bn of the 15.2-year bonds that carry a fixed annual coupon of 4.7% and mature on September 12, 2022 , well above the CZK 1.7bn sold at the previous auction of the paper held in August. This was the 11 th tranche of the issue that lured bids of CZK 13.9bn, up from CZK 4.1bn at the August auction. The average yield eased to 2.219% from 2.345%. The ministry also sold CZK 4bn of the 15.5-year bonds that mature on August 25, 2028 and carry a coupon of 2.5%, up from CZK 3bn sold at the previous auction held in November. This was the eighth tranche of the issue that produced an average yield of 3.087%, up from 2.965% at the November sale. Investors placed CZK 9.6bn worth of bids, compared to CZK 3.6bn in November. The ministry was planning to sell between CSK 3bn and CZK 6bn of the 2022 bonds and between CZK 2bn and CZK 4bn of the 2028 bonds. Bonds with a maximum nominal value of CZK 50bn to CZK 60bn will be offered for sale in the first quarter of 2014.
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