Government Bonds To Cover The Debts Of State Due In 2014

Original Language Title: státní dluhopisy na úhradu dluhů státu splatných v roce 2014

Read the untranslated law here:

89/2014 Sb.


of 23 December 2003. April 2014

on the State bond program to pay the nominal value of Government

bonds and other debt of the State due in 2014

Parliament has passed the following Act of the United States:

§ 1

The purpose of the law

(1) the purpose of the State bond program under this Act is

How to obtain funds to cover

and the nominal value or principal) of the national debt due in 2014,

including the nominal value of securities or derivatives related to payment

the nominal value of securities or sovereign debt due in 2014,

(b)) the nominal value of government bonds with a maturity of more than 1

year, odkupovaných from the market in 2014,

(c) any premature repayment of nominal) value of Government


(d)) of any premature repayment of principal or nominal value

derivatives related to the payment of the nominal value or principal

the public debt,

(e) early repayments of principal) any loans received from the European

Investment Bank.

(2) the maximum extent of the State's bond program is 209 640

831 901 CZK.

§ 2

The maturity of liabilities

Debts arising from the State of the bond program in accordance with this

the law shall be paid not later than the end of the 105 years of the effective date

the effectiveness of this Act.

§ 3

The effectiveness of the

This Act shall take effect on the date of its publication.

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