Poland has priced 15-year eurobonds for a nominal amount of EUR 3bn, the finance ministry has announced, confirming earlier media reports. According to IFR Markets service, investors placed demand for EUR 6bn of these papers. The bond maturing on Jan 20, 2025 yields 5.369%, which is 148bps over mid-swap rate. The annual coupon has been set at 5.25%, the ministry's release reads. The bonds were placed among fund managers, insurance companies, banks and pension funds mainly from Germany, United Kingdom, Poland, France and Italy (in total 370 investors from 34 countries). The lead managers on the transaction are HSBC, ING, SG CIB and Unicredit. The current eurobond issue featured the longest maturity papers since January, 2007. ISB
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