

PRAGUE, Feb 1 (Reuters) - The following table summarises the results of a
regular Reuters poll on interest rate forecasts of analysts focusing on the
Czech economy.
The poll was conducted among 18 analyst groups collected between January 29
and February 1.
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CNB Amount Timing Amount 2wk repo 2wk repo
action of of next of next end end
Organization Feb 06 change change change of 2013 of 2014
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1) 4CAST no move --- --- --- 0.05 0.25
2) Barclays Capital no move --- --- --- 0.05 ---
3) Capital Economics no move --- --- --- 0.05 0.05
4) Ceska Sporitelna no move --- Q4/14 +25 bps 0.05 0.25
5) Citibank no move --- Q4/14 +20 bps 0.05 0.20
6) CN Finance no move --- H1/14 +45 bps 0.05 1.00
7) CSOB unit of KBC no move --- H2/14 +20 bps 0.05 0.50
8) Danske Bank no move --- --- --- 0.05 ---
9) GE Money Bank no move --- H1/14 +20 bps 0.05 0.50
10) Generali PPF AM no move --- Q3/14 +20 bps 0.05 0.50
11) Goldman Sachs no move --- --- --- 0.05 0.05
12) Komercni Banka no move --- Q2/15 +20 bps 0.05 0.05
13) Moody's Analytics no move --- Q4/13 +25 bps 0.25 1.25
14) Next Finance no move --- Q1/14 +20 bps 0.05 0.50
15) Nomura no move --- Q3/14 +25 bps 0.05 0.50
16) Patria Finance no move --- Q2/14 +20 bps 0.05 0.75
17) Raiffeisenbank no move --- Q3/14 +20 bps 0.05 0.50
18) UniCredit GR no move --- Q1/14 +20 bps 0.05 1.00
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2 week repo at the end of 2013 Median 0.05
2 week repo at the end of 2014 Median 0.50
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A) Will the Czech central bank intervene against the crown?
B) When will it intervene?
C) What level would the crown have to reach against the euro to remove the need
for the CNB to weaken it?
Organization Question A B C
EURCZK
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1) 4CAST yes Q3/13 24.75
2) Barclays Capital yes Q2/13 26.00
3) Capital Economics yes Q2/13 27.00
4) Ceska Sporitelna no --- 26.00
5) Citibank yes --- 25.90
6) CN Finance no --- 25.00
7) CSOB unit of KBC no --- 24.50
8) Danske Bank yes Q1/13 ---
9) GE Money Bank yes Q1/13 26.50
10) Generali PPF AM no --- 25.50
11) Goldman Sachs yes --- ---
12) Komercni Banka yes Q2/13 25.70
13) Moody's Analytics yes Q1/13 26.00
14) Next Finance yes Q2/13 25.50
15) Nomura yes Q2/13 26.25
16) Patria Finance yes Q1/13 26.00
17) Raiffeisenbank no --- 25.60
18) UniCredit GR --- --- ---
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Median 25.90
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(Reporting by Mirka Krufova; Editing by Catherine Evans)
Keywords: CZECH RATES/
(prague.newsroom@thomsonreuters.com)(+420 224 190 477)(Reuters Messaging: mirka.krufova.thomsonreuters.com@reuters.net)
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