T-bill auctions

                                                           T-bill auctions            
 **Announcement**                                         **Results** 
 Code                           21605922     20108924     Code                             21605922    20108924   
 ISIN                           CZ0001007439 CZ0001007454 Asked (in CZK bln)               19.195      8.651      
 Issuer                         MF           MF           Sold (in CZK bln)                16.956      3.362      
 Specification                  SPP 26T      SPP 26T      MF retained (in CZK bln)         0.000       0.000      
 Type of auction                American    American 
 Date of auction                13.02.25     30.01.25     Maximum price                    99.160      98.325     
 Issue date                     14.02.25     31.01.25     Minimum yield (% p.a.)           3.350       3.370      
 Maturity date                  16.05.25     01.08.25     Average price                    99.153      98.305     
 Face value (in CZK)            1000000      1000000      Average yield (% p.a.)           3.378       3.410      
 Total volume (in CZK bln)      5            5            Minimum price                    99.145      98.296     
 Auctioned (in CZK bln)         5            5            Maximum yield (% p.a.)           3.410       3.430      
 Limit yield (% p.a.)           ---          ---          Allocation at cut-off yld (%)    100.000     100.00000  
 Limit price (in CZK)           ---          --- 
 Deadline                       12:00        12:00 
                                                                                 
 * PRICES ARE CALCULATED FROM THE RESPECTIVE YIELDS                              
 ISIN CZ0001007413 IS EURO DENOMINATED                                           
                                                                                 
 THE T-BILLS ISSUANCE CALENDAR CAN BE FOUND ON                                   
 THE MF WEB PAGE HTTP://WWW.MFCR.CZ/