Free Trial
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.
CZECHIA
- Czech domestic government securities rose to a total of 1.96tr CZK in February 2021.
- The share of Non-Resident Holders (NRH) of Czech public debt increased by 10.2bn CZK in February to a total of 641.7bn CZK (32.7% of the domestic government securities).
- Biggest holder of Czech debt remains Financial Corporations, totalling 63.1% of the domestic government securities.
- The increased share of Non-Resident Holders could cause a risk if uncertainty over inflation expectations or economic activity rises as foreign investors are usually the main sellers of government bonds when volatility increases.
- Rising uncertainty leads to a surge in the term premium and therefore higher interest rates as NRH of Czech government debt require a higher compensation for holding the interest rate risk.
- In Developed Markets, financial institutions often intervene in markets to buy the debt sold by NRH when volatility in the bond market surges.
Source: MoF/MNI
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok