Czechs To Raise $369M In Note Sale

The Czech Republic is planning to raise about $369 million in a bond sale.

The Czech Republic is planning to raise about $369 million in a bond sale, Bloomberg reports. The koruna-denominated notes will be sold with a variable interest rate. The securities to be sold by the European Union country will be due in October 2016. Prior to this, floating-rate securities in koruna were offered in October 2009.

Click here for the story from Bloomberg.