35/Sb.
The COMMUNICATION FROM the
The Ministry of finance
of 10 June 1999. January 2013,
which determine the conditions for State bond of the Czech Republic,
2013-2028, 2.50%
The Ministry of Finance issued Treasury bonds to the extent
a special law and determines their conditions in accordance with
the provisions of section 26 of Act No. 190/2004 Coll. on bonds, as amended by
amended, (hereinafter referred to as the "law on bonds"). These emission
the conditions define the rights and obligations of the issuer and of the owners of the bonds,
as well as information about the bond issue and requirements for government bond
The United States, 2013-2028, 2.50%:
1. Basic description of bonds:
Issuer: Czech Republic-Ministry of Finance (hereinafter referred to as
"the Ministry")
Name: State Treasury bond of the Czech Republic, 2013-2028, 2.50%
Short name: the CZECH REPUBLIC, 2.50%, 28
Serial number of the emission: 78.
Nominal value: 10 000 € (in words: ten thousand Czech Crowns)
Form of a bond: bearer securities
Form of a bond: book-entry securities
Type of bond: State Treasury bond
Currency in which the bonds are denominated: Czech koruna (CZK)
The date of commencement of the period for subscription of emissions: 20. February 2013
The end date of the period for the subscription of emissions: 26. July 2028
Issue date: 25. February 2013
Due date: 25. August 2028
The yield of the bond: determined by the fixed rate 2.50% p. a.
Taxation of income: according to the legislation of the Czech Republic
Isin: CZ0001003859
Separate principal-ISIN: CZ0000702790
Coupon no. 1-ISIN: CZ0000702808
Coupon no. 2-ISIN: CZ0000702816
Coupon no. 3-ISIN: CZ0000702824
Coupon no. 4-ISIN: CZ0000702832
Coupon no. 5-ISIN: CZ0000702840
Coupon no 6-ISIN: CZ0000702857
Coupon No 7-ISIN: CZ0000702865
Coupon no 8-ISIN: CZ0000702873
Coupon No 9-ISIN: CZ0000702881
Coupon no. 10-ISIN: CZ0000702899
Coupon no. 11-ISIN: CZ0000702907
Coupon no. 12-ISIN: CZ0000702915
Coupon no. 13-ISIN: CZ0000702923
Coupon No 14-ISIN: CZ0000702931
Coupon No 15-ISIN: CZ0000702949
Coupon no. 16-ISIN: CZ0000702956
2. Bonds are within the meaning of the provisions of § 25 para. 2 of the law on
bonds issued on the basis of special legislation.
3. the Bonds take the form of securities to bearer, are issued in
uncertificated form and recorded in the central register of securities,
in accordance with § 92 para. 2 Act No. 256/2004 Coll., on business
the capital market, as amended by later regulations, maintain a central
securities depository, a.s., and persons authorized to conduct follow-up
the registration of.
4. Bonds may acquire legal and natural persons established or
resident in the territory of the Czech Republic and abroad (hereinafter referred to as
"investors"). The repatriation of the proceeds and the nominal value paid to
abroad will be carried out in accordance with the legislation of the Czech Republic.
5. The right to payment of the proceeds of the bond to the person who is entitled to
to exercise the rights associated with the bond on the day 26. starting in July
2013. The right to payment of the proceeds of the bond for the period from the date of issue to the
August 25, 2013 is a person who is entitled to exercise the rights associated with the
the bond on the day 26. July 2013. The transferability of the bond after
the date of 26. July 2028.
6. The yield of a bond is determined by a fixed interest rate of 2.50% p. a.
The yield of the bond is paid once a year, and always at the date of 25. August
starting in 2013. If the payment date falls on a day that yield
It is not a business day, the payment will be made on the first return the following
a working day without the right to return for this postponement of the payment.
7. calculation of the relative yield of a bond is based on one year of
360 days and 12 months after 30 days (BCK-30E/360). Relative yield
a bond is a bond price calculated from the date of issue.
8. the issue of bonds will be issued within the time limits for subscription to gradually
(in the end).
9. the emission rate is determined rate achieved at auction.
10. The bonds will be offered for subscription in the Czech Republic. Bonds
pursuant to section 26 paragraph 1. 4 of the Act on the sale of the bonds
through the Czech National Bank. The primary sale of bonds, the way
and instead of underwriting the bond, method and period of transfer of the bonds
individual subscribers and how and where repayment of the emission rate
the subscribed bonds is governed by the applicable rules for the primary sale
Government bonds organised the Czech National Bank. Primary sale
the first tranche will be made in the form of American auction organized by 20 December 2002. February
2013, the Czech National Bank for a group of primary dealers. For more
investors may participate in the auction of bonds through the primary
dealers. Notice of the auction shall be published sufficiently in advance. Primary
sale of other tranches will be carried out under the same conditions.
11. The estimated total nominal value of the bond issue is 120 000
000 000 € (in words: one hundred and twenty billion Czech Crowns). Bonds can
be in accordance with the provisions of section 7 of the Act on bonds issued in a smaller
or in a larger volume than the estimated the total nominal
the value of the bond issue. The possible range of zoom volume is 40 000
000 000 € (in words: forty billion Czech Crowns).
12. The bonds will be paid off at their nominal value at the date of 25. August
2028. That date ends interest bonds. Ministry within the meaning of § 17 of the
the Act on the bonds has decided that the right to repayment of the bond to the person
who is entitled to exercise the rights associated with the bond on the day 26.
July 2028. If the date falls in the repayment of the nominal value of the bonds
on a day which is not a business day, the payment will be made the first
the following working day without the right to payment of the proceeds for this
deferring a payment.
13. All the rights associated with the bonds in accordance with the provisions of section 42
the Act on the bonds expire ten years from the end of the day when she could
be applied for the first time.
14. The Ministry undertakes the following issue conditions
secures payment of the proceeds and repayment of the nominal value of the bonds
persons who at the date fixed by these conditions
entitled to exercise the rights associated with the bond. Payment
the place is the Czech National Bank. The nominal value of the bonds will be
repaid and revenue bonds will be paid by bank transfer,
Alternatively, in cash, according to the instructions of the people that are on the date fixed
These conditions are authorised to engage the appropriate rights associated
with the bond. The Czech National Bank will publish the way it will be done
the repayment of the nominal value of the bonds and the payment of revenue bonds.
15. Valid assessment of financial eligibility (rating) of long-term
on CZK-denominated liabilities at the date of the determination of the issue conditions made
by Standard Poor's & is a level AA, Moody's on
level A1 and by Fitch Ratings to AA-level.
16. 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.
17. these terms and conditions announced by the Ministry in the collection of laws.
Announcements to the public concerning these bonds shall be published on the
the Ministry's website.
18. 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.