Czech bonds did not find any important domestic event on Friday. In vital trading they opened lower as well as their euro zone counterparts. However, they succeeded to erase morning drop and closed the day near last Thursday’s values. Today’s USA and UK holida ys and absence of important domestic incentives imply a quiet trading day. Nevertheless this whole week is without important figures, the issuance calendar for the third quarter released on Thursday and minutes from the last CNB meeting released on Friday could hardly influence the market. The main impetus should therefore come from euro zone markets again.
(CSOB - Investment research)