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.

Related Articles

EU top court rules Poland broke law by logging in ancient forest

Poland broke EU law by increasing logging in the ancient Bialowieza Forest under a pretext of fighting spruce beetle, the Court of Justice of the European Union (CJEU) ruled on April 17. The ... more

S&P raises Poland’s outlook to positive on rosy prospects of economy in 2018

Standard and Poor’s raised its outlook for Poland from stable to positive on April 13, while maintaining the country’s rating at BBB+.  The raising of the outlook is based on ... more

Finland gives final nod to construction of Nord Stream II

Finland has issued a second and final permit for the construction of the controversial Nord Stream II pipeline that is to pump gas from Russia directly to Germany via a Baltic Sea route, the Regional ... more

Dismiss