The summer of 2010 was undoubtedly a challenging period for sovereign debt issuance. So when the Czech Republic launched a €2bn, 10-year bond just days after the country's summer break, it was by no means clear that the deal would be a success.
The Czech Republic's finance minister, Miroslav Kalousek, announced the transaction on Friday, September 3 and books opened officially the following Monday, making the Czech Republic the first issuer from central and eastern Europe to tap the market in September.
