Czechs raise €2bn as rarity, debt restraint entice buyers
The Czech Republic’s return to the international bond market after an 18 month absence was greeted with enthusiasm by investors this week. They took the book size to over €3.5bn in around three hours, reflecting appreciation of the rarity value of the only Eurobond the Czechs will issue this year and the strength of the country’s economy.
"The Czech Republic is unique in terms of the government programme because, back in 2010, the political parties took on board the long term sustainability of public finance as one of the key priorities," said Jan Gregor, deputy minister of finance at the Czech Republic.
"Fortunately, the electorate supported
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