Act No. 172 / 2005 Coll.
Law on the State Debt Guarantee Scheme, payable in 2005 and 2006
Valid
Law
Effective from 27.04.2005
Text versions:
27.04.2005
172
THE LAW
of 31 March 2005
on a government bond programme to cover sovereign debt securities due in 2005 and 2006
Parliament has decided on this law of the Czech Republic:
State bond programme to cover sovereign debt principal due in 2005 and 2006
(1) The purpose of the government bond programme is to pay the principal of the State debt due in 2005 and 2006.
(2) The maximum size of the sovereign bond programme is CZK 80 000 000 000.
(3) Any liabilities arising from this sovereign bond programme shall be repaid no later than 40 years after the date of entry into force of this Act.
(4) In 2005, the government bond principal will be paid on the 31st issue of CZ0001000707 issued in the volume of CZK 22 billion, in 2006 the government bond principal will be paid on the 28th issue of CZ0001000780 in the volume of CZK 30 billion and government bonds on the 37th issue of CZ0001000772 in the volume of CZK 28 billion.
Efficacy
This Act shall take effect on the day of its publication.
Zaoralek v. r.
Klaus v. r.
Gross v. r.
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Regulation Information
| Citation | Act No. 172 / 2005 Coll., on the state bond programme to cover sovereign debt, payable in 2005 and 2006 |
|---|---|
| Regulation Type | Law |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 27.04.2005 |
|---|---|
| Effective from | 27.04.2005 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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