Central Banking

Czechs to mull foreign bond issue - Deputy FinMin

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The Czech central bank (CNB) board should discuss at the beginning of March 2001 the possibility of tapping foreign markets for a bond issue, Deputy Finance Minister Eduard Janota said on Feb 7."We are analysing the current situation on the bond market separately with (CNB) Vice-Governor Ludek Niedermayer, trying to figure out if it is worthwhile issuing bonds on the euro markets considering the costs and suitable hedging, because exchange rate risks are high," Janota told reporters.He added he

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