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CEE Explained: Why it's time to check out the Czech Republic
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The Czech Republic has sold its three-year government bonds with a negative yield at minus 0.001%. Saxo's Simon Fasdal says this is a sign of confidence in the country's economy. He also explains why it shows that investors believe in a stronger currency - Czech koruna.
Fasdal believes countries in Central Eastern Europe currently offer a good return when compared to Eurozone countries. He discusses Hungary and Poland as well as CR as an alternative to Eurozone government bonds.