KBC Market Research Desk
KBC Bank
Weekly Highlights:
The Czech Ministry of finance ready to make use of negative rates
Is Poland’s new government preparing (T)LTRO despite stable growth?
The NBH to keep its base rate unchanged as long as possible
Chart of the Week
Czech government bond auctions (fixed coupon only) in 2015, average yields in primary auctions. Numbers show total amount sold (CZK billion). Colour varies by particular bonds.
This non-exhaustive information is based on short-term forecasts for expected developments on the financial markets. KBC Bank cannot guarantee that these forecasts will materialize and cannot be held liable in any way for direct or consequential loss arising from any use of this document or its content. The document is not intended as personalized investment advice and does not constitute a recommendation to buy, sell or hold investments described herein. Although information has been obtained from and is based upon sources KBC believes to be reliable, KBC does not guarantee the accuracy of this information, which may be incomplete or condensed. All opinions and estimates constitute a KBC judgment as of the data of the report and are subject to change without notice.
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