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Czechs issue EUR 750 mln in 2022 bond tap sale-source

PRAGUE, Oct 1 (Reuters) - The Czech Republic issued 750 million euros in an unexpected tap sale of its 3.875 percent Eurobond due in 2022 on Monday, with demand topping 1.6 billion euros, a source close to the deal said.

Final pricing was for 116 basis points over mid-swaps, down from 160 basis points when the central European country first sold 2 billion euros worth of the paper in February.

(Reporting by Jason Hovet)

((jason.hovet@thomsonreuters.com)(+420 224 190 476)(Reuters Messaging: jason.hovet.thomsonreuters.com@reuters.net))

Keywords: CZECH EUROBOND/TAP FINAL