Czech government cuts bond issuance plan after strong demand for retail bonds

The Czech government reduced its bond issuance plan for the second half after strong retail demand. Gross borrowing needs for 2026 remain largely unchanged at 738.2 billion crowns, with planned auction bond sales revised down to 100-200 billion crowns. Two more retail bond rounds are planned, following 74 billion crowns sold to the public in the first round completed this month.