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Czech Republic opens books for tap of May 2022 issue

By Helene Durand

LONDON, Oct 1 (IFR) - The Czech Republic, rated A1/AA-/A+, has mandated Barclays, Ceska (Erste), SG CIB and UniCredit for a tap of its 3.875% May 24 2022 euro issue.

The lead managers have started sounding investor interest at 120bp to 125bp over mid-swaps, and the transaction is expected to be priced later today. The settlement date is October 5 2012.

(Reporting by Helene Durand; editing by Alex Chambers)

((helene.durand@thomsonreuters.com)(+44 207 542 3469)(Reuters Messaging: helene.durand.reuters.com@reuters.net))

Keywords: CZECH REPUBLIC/BOND TAP