CSOB (and CNB) stroke back at former managers and owners of failed IPB when they blamed them for tunneling and mismanagement of IPB's assets. Several criminal suits are being filed by CNB, CSOB and the administrator. Also, the ODS says that it will decide upon economic criteria whether it will support the state budget. No indication of what kind of economics had the ODS in mind was given, though.
The koruna lost vis-a-vis the euro for technical reasons falling to 35.43 CZK/EUR from the Monday's 35.26 CZK/EUR level. The koruna eased against the dollar as well, from 40.90 to 41.20 CZK/USD, bringing the exchange rate vis-a-vis a virtual dollar-euro basket (formerly used by the CNB) to the lowest level ever (with an exemption of a brief period in May 2000).
Current benchmark figures: MoF 6.75/05 100.40-70 (-50 bps), MoF 6.30/07 96.45-75 (-25 bps), MoF 6.40/10 95.45-75 (-25 bps).
(Ondrej Schneider and Michal Michalov)