The ministry of finance is due to offer PLN 8.0-12.0bn (EUR 1.9-2.9bn) worth of domestic wholesale Treasury bonds at an auction on Tuesday (Oct 22). Eaerlier, the ministry planned to offer PLN 6.0-12.0bn worth of notes at this auction.
The bonds on offer will be of the following series: OK0116 (maturing in January of 2016), IZ0823 (maturing in August of 2023) and DS1023 (maturing in October of 2023).
While presenting its T-bond auctions schedule for Q4, the ministry said that after September, it has secured 91% of this year's state budget borrowing needs (according to the amended 2013 budget law), while the successful completion of the two auctions planned for October would allow it to reach 100%. At the first auction this month, the ministry sold PLN 3.1bn in five-year T-bonds.
Poland passed a bill on January 26 making it illegal to claim Poles or the Polish state were complicit in Nazi crimes during the Second World War, sparking an angry response from Israel, which ... more
Poland’s National Broadcasting Council (KRRiT) has cancelled on January 10 its own decision to fine the US-owned media group TVN PLN1.48mn (€350,000) for covering protests against ... more
Poland’s state-controlled oil and gas company PKN Orlen has launched an offer to take over Czech refiner Unipetrol, the Polish company said on December 13. PKN Orlen said it will go through with ... more