|Unit||% p.a., NSA|
|Adjustments||Not Seasonally Adjusted|
|Source||Czech National Bank (CNB)|
|Release||Government Bond Yields|
|Lending Rate||24 Mar 2023||7||7||Percent, NSA||Daily|
|Money Market Rate||23 Mar 2023||6.37||6.74||% P.A., NSA||Business Daily|
|Stock Market Index||23 Mar 2023||1,325||1,328||Index, NSA||Business Daily|
|Average Long-term Government Bond||Feb 2023||4.61||4.47||% p.a., NSA||Monthly|
|Treasury Bills (over 31 days)||Nov 2018||0.5||0.5||% p.a., NSA||Monthly|
Yields to maturity of government bonds serve as indicators of long-term interest rates of capital market in the Czech Republic. The rates are part of the financial market statistics published by the Czech Republic National Bank (CNB) which provide fundamental information on the money, capital and foreign exchange markets in the Czech Republic.
Bond yields are available for the 2, 5, and 10 year maturity categories.
The government bond yields are calculated by the CNB from data on the trading results and prices on the Prague Stock Exchange.
Calculation source is the daily Prague Stock Exchange price list. The calculation is based on the mid of average reference prices (quotations) for purchase and sale of bonds.
The yield calculation is based always on the latest issue of a Czech Republic's (represented by the Ministry of Finance) Treasury bond denominated in CZK with original maturity in the respective category.
The data for the 10-year rate refers to the par yield rates “Daily yields are calculated according to the ISMA 6.3 "yield-to-maturity" formula.” (https://www.oecd-ilibrary.org/economics/data/main-economic-indicators/main-economic-indicators-complete-database_data-00052-en). “Long term (in most cases 10 year) government bonds are the instrument whose yield is used as the representative ‘interest rate’ for this area. Generally the yield is calculated at the pre-tax level and before deductions for brokerage costs and commissions and is derived from the relationship between the present market value of the bond and that at maturity, taking into account also interest payments paid through to maturity.” (https://stats.oecd.org/index.aspx?queryid=86).
Data are not subject to revisions.