T-bill auctions

                                                           T-bill auctions            
 **Announcement**                                         **Results** 
 Code                           20412940                  Code                             20412940 
 ISIN                           CZ0001007728              Asked (in CZK bln) 
 Issuer                         MF                        Sold (in CZK bln) 
 Specification                  SPP 26T                   MF retained (in CZK bln) 
 TYPE OF AUCTION   AMERICAN                                                      
 Date of auction                08.07.26                  Maximum price 
 Issue date                     10.07.26                  Minimum yield (% p.a.) 
 Maturity date                  04.12.26                  Average price 
 Face value (in CZK)            1000                      Average yield (% p.a.) 
 Total volume (in CZK bln)      0.5                       Minimum price 
 Auctioned (in CZK bln)         0.5                       Maximum yield (% p.a.) 
 Limit yield (% p.a.)           ---                       Allocation at cut-off yld (%) 
 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/