June 30, 2020 / 7:05 AM / 12 days ago

Foreign holdings of Czech domestic bonds fall in May

PRAGUE, June 30 (Reuters) - The proportion of non-residents holding Czech state domestic bonds dropped to 36.0% in May from 36.85% in April, Finance Ministry data showed on Tuesday.

Foreigners’ holdings in recent years have sat at more than double levels seen prior to the central bank’s intervention regime to keep the crown currency weak that ran from 2013-2017.

But since the end of February, they have dropped from a share of 40.77%. (Reporting by Mirka Krufova Editing by Jason Hovet)

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