1. Parametric price

Based on the dynamics of the price for negative balancing amount, OTE, a.s. is going to adjust the parametric price for the month of July according to the paragraph 7.2.2. of Business Terms of OTE, a.s. for the Gas Sector.

The new parametric price in amount of 5195 CZK/MWh will be set up in CS OTE on the 7^th of July and will be valid for the delivery days of July 9^th  2022 – July 31^st  2022 (previous parametric price for the month of July was set to 3375 CZK/MWh)

The way of this price calculation is n the attached file.doc (30 KB)

2. Bank account details for increasing financial security related to gas trading

Bank account nr.: 43-1680730297/0100
IBAN: CZ03 0100 0000 4316 8073 0297
SWIFT (BIC): KOMBCZPPXXX

Bank: Komerční banka, a.s.
Address: VÁCLAVSKÉ NÁM. 42
114 07 PRAHA 1

3. Documents to download

• The form for determination of the initial amount of financial security (XLS 76KB) Czech version - for purpose of agreement terms
• The form for determination of change of the amount of financial security (XLS 64KB) Czech version - for purpose of agreement terms
• The form for determination of the amount of financial security (XLS 68KB) English translation provided for information purposes only
• Sample wording of the guarantee sheet - Czech only (DOC 20KB)

4. Market operator's rate

In accordance with provision 7.5 of  OTE’s business terms for the gas,  OTE’s interest rate for accruals related to the funds of the financial security (deposited) in OTE’s account is for relevant day and PRIBOR O/N rate set as:

PRIBOR O/N – Over-night PRIBOR rate in the market for bank deposits for relevant day published by Czech National Bank

Market operator’s bank – Komerční banka, a.s.

5. OTE risk management contacts

If you have any questions, please contact the risk management department: