Investors ordered CZK 12.3bn worth of state saving bonds in two and half days, going beyond government expectations. The Finance Ministry had hoped to sell at least CZK 10bn worth of retail bonds. “I am glad that it (the sum) has been achieved in just two days. In view of the big interest we may end the subscription period earlier than November 30,” Finance Minister Miroslav Kalousek told ČTK. The first retail bonds were issued by the Finance Ministry a year ago, and investors ordered more than CZK 20bn worth of bonds. The bond issue in spring raised around CZK 15bn.
