PRAGUE, Oct 2 (Reuters) - The Czech crown held steady in a narrow range on Monday as the market awaited for a parliamentary confidence vote in Prime Minister Mirek Topolanek's government this week.
At 1455 GMT the currency traded at 28.277 <EURCZK=>, down 0.01 percent from late on Friday.
"The market was quiet and is clearly watching for the outcome of the confidence vote," said Miroslav Frayer of Komercni Banka.
Since a June 2-3 general election parliament has been deadlocked, with leftist and centre-right parties each controlling 100 seats.
Topolanek, whose Civic Democrats won the most votes and seats but not a majority, was nominated by President Vaclav Klaus as prime minister.
But four months on, he still does not have the single leftist deputy needed to see his government survive the confidence vote, expected Tuesday or Wednesday.
----------------- MARKET SNAPSHOT AT 1455 GMT ----------------- Crown/euro <EURCZK=> last deals at 28.277 (-0.01 pct) Crown/dollar <CZK=> at 22.167 bid (0.08 pct)
5-year yield due Oct 2010 <CZ5YT=RR> 3.69 pct bid (-1 bps) 10-year yield due Jan 2016 <CZ10YT=RR> 3.87 pct bid (-2 bps)
5-yr CZK/EUR mid yield spread <DE114147=> 6 bps (vs 6) 10-yr CZK/EUR mid yield spread <DE113529=> 18 bps (vs 18)
Current levels versus prior domestic close at 1500 GMT --------------------------------------------------------------- ((Reporting by Alan Crosby, editing by Mike Peacock; prague.newsroom@reuters.com; Reuters Messaging: alan.crosby.reuters.com@reuters.net; +420 224 190 477))
- For previous updates on Czech currency moves click on [CZK/]
--------ECONOMIC DATA RELEASES (double click to access)-------- LIVE Czech economic data releases <ECONCZ> INSTANT VIEWs on Czech economic data [CZ/INSTANT]
---------------------------RELATED NEWS------------------------ Czech Market Debt [CZ-DBT] Czech forex [CZ-FRX] Hungary Market Report [FT/] Poland Market Report [PLN/] Emerging Market Debt [EMRG/DBT] Emerging forex [EMRG/FRX] All Emerging Markets news [EMRG] CEE indicators [CONV/DIARY] All East Europe News [EEU] E.Europe equities [.CEE] TOP NEWS -- Emerging markets [TOP/EMRG] TOP NEWS -- Convergence watch [TOP/EAST] Czech indicators [CZ/ECI] Hungary indicators [HU/ECI] Slovak indicators [SK/ECI] Polish indicators [PL/ECI] --------------------LIVE PRICES & DATA------------------------- Crown Spot Against EUR <EURCZK=> Against USD <CZK=> Czech Bonds <0#CZBMK=> C.Europe Bonds <CEEBONDS> Crown FRAs <CZKFRA=TTKL> Central Bank Fixings <CNB02> Contrib. Cross Rates <CZKX1=> Czech Central Bank <CNB01> -------------------------------------------------------------- HOW TO FIND INFORMATION YOU NEED
|<REUTERS> | <NEWS> | <PHONE/HELP> |
|<EQUITY> | <BONDS>| <MONEY> | <COMMODITY> | <ENERGY> ---------------------------------------------------------------
Keywords: MARKETS CZECH CROWN CLOSE