For registered participants: CS OTE Portal Sandbox CZ

Financial Security

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 7th of July and will be valid for the delivery days of July 9th  2022 – July 31st  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

 

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

Market operator's bank rate

Market operator's rate

≤ 0,8 % p.a.

< 0,0 % p.a.

Market operator’s bank rate for legal entities’ current accounts

≥ 0,0 % p.a.

0,0 % p.a.

> 0,8 % p.a.

 

PRIBOR O/N – 0,800 p.b.

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:

Ing. Ondřej Záviský +420 234 686 400 OZavisky@ote-cr.cz
Ing. Ondřej Houdek +420 234 686 403 OHoudek@ote-cr.cz