(Bloomberg) -- Mounting speculation that the Czech central bank will remove its three-year-old cap on koruna gains next year is attracting foreign investors into the nation's local-currency bonds with shorter maturities. The two-year yield has tumbled 44 basis points in September to a record minus 0.76 percent, the lowest in the world after Switzerland.
To contact the reporters on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net, Marton Eder in Budapest at meder4@bloomberg.net. To contact the editors responsible for this story: Alex Nicholson at anicholson6@bloomberg.net, Chris Vellacott
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