T-bill auctions

                                                           T-bill auctions            
 **Announcement**                                         **Results** 
 Code                           23103880     22605879     Code                             23103880    22605879   
 ISIN                           CZ0001006886 CZ0001006878 Asked (in CZK bln)               47.078      33.986000  
 Issuer                         MF           MF           Sold (in CZK bln)                16.171      6.779000   
 Specification                  SPP 4T       SPP 13T      MF retained (in CZK bln)         0.000       0.000000   
 Type of auction                American    American 
 Date of auction                02.03.23     23.02.23     Maximum price                    99.522      98.445     
 Issue date                     03.03.23     24.02.23     Minimum yield (% p.a.)           6.180       6.250      
 Maturity date                  31.03.23     26.05.23     Average price                    99.520      98.438     
 Face value (in CZK)            1000000      1000000      Average yield (% p.a.)           6.204       6.277      
 Total volume (in CZK bln)      10 - 15      0 - 10       Minimum price                    99.519      98.432     
 Auctioned (in CZK bln)         10 - 15      0 - 10       Maximum yield (% p.a.)           6.220       6.300      
 Limit yield (% p.a.)           ---          ---          Allocation at cut-off yld (%)    100.00000   100.00000  
 Limit price (in CZK)           ---          --- 
 Deadline                       12:00        12:00 
                                                                                 
 * PRICES ARE CALCULATED FROM THE RESPECTIVE YIELDS                              
 ** ISIN CZ0001006860 IS EURO DENOMINATED                                        
                                                                                 
 THE T-BILLS ISSUANCE CALENDAR CAN BE FOUND ON                                   
 THE MF WEB PAGE HTTP://WWW.MFCR.CZ/