321/2010 Sb.
The COMMUNICATION FROM the
The Ministry of finance,
which specify the conditions of the bond of the Czech Republic, 2010-2021,
3.85%
The Ministry of Finance issued Treasury bonds in accordance with § 25 of the law No.
190/2004 Coll. on bonds, as amended, (hereinafter referred to as
"the law on bonds") and specifies the terms and conditions of the bond of the Czech
Republic, 2010-2021, 3.85%:
1. basic characteristics of the bonds:
Issuer: Czech Republic represented by the Ministry of finance
Name: Bond of the Czech Republic, 2010-2021, 3.85%
Short name: the CZECH REPUBLIC, 3.85% 21
Serial number: 61 emissions.
Nominal value: £ 10,000
Form of a bond: bearer securities
Form of a bond: book-entry securities
Issue date: 29. November 2010
Maturity date: 29. September 2021
Interest income: fixed rate coupon 3.85% p.a.
The taxation of interest income: according to the legislation of the Czech Republic
Isin: CZ0001002851
Coupon no. 1, ISIN: CZ0000702394
Coupon no. 2, ISIN: CZ0000702402
Coupon no. 3, ISIN: CZ0000702410
Coupon no. 4, ISIN: CZ0000702428
Coupon no. 5, ISIN: CZ0000702436
Coupon no 6, ISIN: CZ0000702444
Coupon No 7, ISIN: CZ0000702451
Coupon no 8, ISIN: CZ0000702469
Coupon No 9, ISIN: CZ0000702477
Coupon no. 10, ISIN: CZ0000702485
Coupon no. 11, ISIN: CZ0000702493
The principal detached, ISIN: CZ0000702386
2. Bonds are within the meaning of § 25 para. 2 of the Act on bonds issued
on the basis of special legislation, which release Government bonds.
3. the following shall be added to the bearer Bonds and are issued in book-entry form.
The register of the owners maintain a central securities depository, a. s.
4. Bonds may acquire legal and natural persons established or
resident in the territory of the Czech Republic and abroad. Repatriation of proceeds and
paid-up nominal values abroad will be carried out according to legal
the laws of the United States.
5. the issuer shall make a proposal on the adoption of the bonds to trading on the
market of the Prague stock exchange, a. s.
6. The record date for the payment of the proceeds of the bond is preceded by one month
days to maturity yield from the bond. Ex-coupon date is the day following the
the closing date is set at 30. of August. Interest income always receives
investor, which is the owner of the bond 29. August starting in 2011.
Interest income for the first period from the issue date to 29. September 2011
the investor receives, which is the owner of the bond 29. August 2011.
7. Bonds are interest-bearing a fixed interest rate of 3.85% p.a.
Interest income is paid once a year, and always to 29. September
starting in 2011. If payday falls on a day that the yield is not
business day, the payment of the first following working day
without the right to return for this postponement of the payment.
8. transferability of the bonds in the Central Depositary of securities
beginning on the date of crediting of the bonds on the accounts of the first owners. The last
the day will be to transfer the securities on the accounts in
Central securities depositories, is 29. August 2021.
9. calculation of aliquot interest rate is based on one year of 360 days
and 12 30-day months (BCK-standard 30E/360). Pipette an aliquot part
interest income is added to the price of a bond calculated from the date of issue.
10. Bonds to be issued after each of the sections (tranches).
The primary sale of 1. the tranche will be made in the form of American auction organized by the
The Czech National Bank for a group of actors on 24. November
2010. Other investors may participate in the auction via direct
participants. Notice of the auction and the list of direct participants in advance
disclosed to the public. The primary sale of other tranches will be carried out under the same
terms and conditions. The issue ends on 29 April 2006. August 2021.
11. Each order passed to auction direct participants are
met gradually from the highest price offered. When the progressive
meeting the orders with a specific price exceeds the offered "
the volume of orders, the volume of bonds, which are sold by the issuer
order with this push price met only in part. Bonds
are sold at the prices offered.
12. The total volume of bond issue is 95 000 000 000 CZK.
Bonds may be issued in a small or large volume in accordance with §
11 of the Act on the bonds in a range that will respond to the development and
the structure of the financing of the deficit of the State budget. The volume of emissions can be
increased to a maximum of 120 000 000 000 CZK.
13. Valid assessment of financial eligibility (rating) of long-term
on CZK-denominated liabilities on the date of release of these emission conditions made
by Standard Poor's & is on level A, Moody's on
level A1, by Fitch Ratings and A + level.
14. The Department of Justice on the yield of a bond pursuant to section 18 of the Act on bonds
is made possible.
15. The Ministry of finance declares that he owes to each owner
Bond nominal value of the bond. The bonds will be repaid in
the nominal value at the date of 29. September 2021. From this day ends with the remuneration
bonds. The nominal value of the bond, together with the last interest
the proceeds will be paid to the investor, which is the owner of the bond of the day
29. August 2021. If the day falls on the day of repayment of principal, which is not
business day, the payment of the first following working day
without the right to return for this postponement of the payment.
16. Any and all rights associated with the bonds and coupons are issued to them in
pursuant to section 42 of the Act on bonds forfeited in the expiry of 10 years from the
the date on which it could be invoked for the first time.
17. The Ministry of finance is committed to secure the payment of interest
the proceeds of the bonds and repay the nominal value of the bonds of their
According to the owners of these emission conditions. Payment is
National Bank. Coupons and the principal of the bonds are paid by direct debit
transfer, if necessary. in cash, according to the instructions of the owner of the bond.
Payment instead shall publish the manner in which payment of the coupon and redemption
the nominal value is executed.
18. Bonds are direct, unconditional and nepodřízenými liabilities
States that are on the same level with all the other existing
and future direct, unconditional and nepodřízenými liabilities
of the Republic.
19. the notification to the public about these bonds will be
published in newspapers or other similarly focused
the journal, commonly available in the Czech Republic, and in a manner allowing
remote access.
20. these terms and conditions may be translated into foreign languages. If there is a
a conflict between the various language versions, the issue conditions
Czech version.
Minister:
Ing. Kalousek in r.