Fitch rates Poland's USD1bn 2021 bonds A-.

By bne IntelliNews April 21, 2011
Fitch Ratings has assigned Poland's USD1bn global notes, due Apr 21, 2021 a rating of A-. The rating is in line with Poland's 'A-' Long-term foreign currency issuer default rating (IDR), the agency has announced. Fitch affirmed Poland's long-term foreign currency IDR with a stable outlook on Mar 18, 2011. The finance ministry said on Friday that it had priced a 10-year USD denominated benchmark bond for a nominal amount of USD 1bn. The bond maturing on Apr 21, 2021 yields 5.277%, which is 170 basis points over mid-swap rate. The coupon has been set at 5.125%. The bonds were allocated to investors from the United States (54%), Europe (30%), Asia (11%) and Poland (5%). ISB
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EC refers Poland to court for delay on renewable energy rules.

The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more

ZEW Economic Sentiment Indicator for Poland surges to 42.9pts in February.

The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more

FinMin: Poland to inject EUR 5.5bn of FX reserves to ECB upon euro-zone entry.

When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    7 days ago
  2. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    7 days ago
  3. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  4. Russia’s war economy boosted by rising oil prices
    8 days ago
  5. Poland’s Orlen paid $400mn to scammers for oil that never arrived
    12 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    25 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    29 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    27 days ago
  5. UBN: Russia could take the Baltic states in 48 hours
    1 month ago

Reports

Dismiss