Poland sells EUR 1bn of benchmark 10-year eurobonds.

By bne IntelliNews January 17, 2011
The finance ministry has priced a reopening of 10-year euro-denominated benchmark bond for a nominal amount of EUR 1 bn. The bond matures on Mar 23, 2021, its yields amount to 4.853%, which is 150bps over mid-swap rate, the ministry has announced. The lead managers on the transaction were: Deutsche Bank, ING Bank N.V., Socit Gnrale and UniCredit Bank AG. In September, 2010, the ministry sold 10-year benchmark eurobonds with the value of EUR 1bn. The bond maturing on Mar 23, 2021, yields of 4.016%, which is 120bps over mid-swap rate. The annual coupon has been set at 4%. Both issues were executed under Euro Medium Term Note (EMTN) Programme. ISB

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