Form of prospectus filed in connection with primary offering of securities on a delayed basis
(World News Cezch Republic)

Key Dates1 Trade Date Issue Date2 Valuation Date3 Maturity Date This pricing supplement, which is not complete and may be changed, relates to an effective Registration Statement under the Securities Act of 1933. This pricing supplement and the accompanying product supplement, prospectus supplement and prospectus are not an offer to sell these notes in any country or jurisdiction where such an offer would not be permitted. SUBJECT TO COMPLETION, DATED July 17, 2020 Preliminary Pricing Supplement - Subject to Completion Filed Pursuant to Rule 424(b)(2) (To Prospectus dated December 31, 2019, Series A Registration Statement No. 333-234425 Prospectus Supplement dated December 31, 2019 and...