Free Trial

Finance Ministry Holds Floating-Rate Bond Auction

CZECHIA
  • Finance Minister Zbynek Stanjura told Hospodarskke Noviny that conditions might be ripe for cancelling the windfall tax, if extraordinary revenues for the years 2023 and 2024 will be roughly the same as the state's extraordinary spending. He described the instrument as unwanted but necessary to cover unexpected expenses. Stanjura said that the financial administration will check compliance with the tax. He also expressed his support for the proposed pension reform.
  • Prime Minister Petr Fiala spoke by phone with his Israeli counterpart Benjamin Netanyahu about the proposal of the International Criminal Court's (ICC's) prosecutor to issue arrest warrants against several Israeli officials, including the head of government. Fiala had earlier called the proposal "controversial and incomprehensible."
  • Minister Stanjura and Agriculture Minister Marek Vyborny will hold talks with farmers about compensation for losses due to adverse weather conditions.
  • The Finance Ministry will hold an auction of floating-rate bonds maturing in 2043.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.