T-bill auctions

                                                           T-bill auctions            
 **Announcement**                                         **Results** 
 Code                           21607941                  Code                             21607941 
 ISIN                           CZ0001007736              Asked (in CZK bln)               14.03700 
 Issuer                         MF                        Sold (in CZK bln)                5.00000 
 Specification                  SPP 52T                   MF retained (in CZK bln)         0.000 
 TYPE OF AUCTION   AMERICAN                                                      
 Date of auction                13.08.26                  Maximum price                    96.706 
 Issue date                     14.08.26                  Minimum yield (% p.a.)           3.650 
 Maturity date                  16.07.27                  Average price                    96.607 
 Face value (in CZK)            1000000                   Average yield (% p.a.)           3.763 
 Total volume (in CZK bln)      5                         Minimum price                    96.575 
 Auctioned (in CZK bln)         5                         Maximum yield (% p.a.)           3.800 
 Limit yield (% p.a.)           ---                       Allocation at cut-off yld (%)    50.77277 
 Limit price (in CZK)           --- 
 Deadline                       12:00 
                                                                                 
 * PRICES ARE CALCULATED FROM THE RESPECTIVE YIELDS                              
 ISIN CZ0001007728 IS EURO DENOMINATED                                           
                                                                                 
 THE T-BILLS ISSUANCE CALENDAR CAN BE FOUND ON                                   
 THE MF WEB PAGE HTTP://WWW.MFCR.CZ/