Poland to offer EUR 0.6-1.3bn in 2 series of T-bonds at auction on Thursday

By bne IntelliNews March 5, 2014

The ministry of finance will offer PLN 2.5-5.5bn (EUR 0.6-1.3bn) worth of two series of Treasury bonds maturing in 2016 and 2019 at a primary auction on Thursday (Mar 6). Earlier, it planned to offer notes worth of PLN 2.0-6.0bn at this month's sole primary market auction.
Bonds of the following series will be on offer: OK0716 (July of 2016) and WZ0119 (January of 2019).
The ministry's public debt department director Piotr Marczak earlier explained that after the ministry managed to finance 60% of this year's state borrowing needs, it could now be more flexible in its debt auction supply.

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