Czech borrowing costs may fall to a
record low at today’s sale of 6 billion koruna ($317 million) of
bonds due in 2019 as the government is scaling down debt supply
while demand remains “strong,” according to Komercni Banka AS .
Czech lender Komercni Banka was downgraded on Tuesday to hold from buy at Citigroup, which cited strong share price performance. Slower-than-expected deterioration in the non-performing loan ratio in the third quarter "leads us to be somewhat...
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