Poland to offer EUR 1.4-2.4bn in 4 series of T-bonds at Thursday auction

By bne IntelliNews January 22, 2014

The ministry of finance will offer PLN 6-10bn (EUR 1.4-2.4bn) worth of four series of Treasury bonds maturing in 2016-2023 at a primary auction on Thursday (Jan 9).
Bonds of the following series will be on offer: OK0716 (maturing in July of 2016), PS0418 (April of 2018), WZ0119 (January of 2019) and DS1023 (October of 2023).
Earlier, the ministry said that on Jan 23, the offer will be worth of PLN 5-10bn, the choice depending on the market conditions from the following T-bonds: OK0716 / WZ0119 / off-the-run T-bonds.
The ministry also pledged earlier that it will offer PLN 25-35bn (EUR 6.0-8.4bn) in 5-6 auctions of Treasury bonds in Q1 of 2014. It may hold a non-cash switch auction of T-bonds only in March, while T-bill auctions are possible within the confines of the level of state budget liquidity funds management.

Related Articles

Czech judiciary denounces Poland's move to end separation of powers

Senior Czech judges on July 21 denounced Poland's judicial overhaul as an attack on the rule of law. With big street protests in the Czech Republic's neighbour seemingly gathering momentum – 120 ... more

Strongly profitable Czech petrochemical maker Unipetrol puts cracker explosion behind it

Unipetrol looks to have finally got over the August 2015 fire and explosion that wrecked its steam cracker, an indispensable installation in the production of ethylene feedstock needed to manufacture ... more

Evolution Equity Partners closes $125mn cybersecurity-focused fund

Evolution Equity Partners announced on 17 July the final closing of a new fund with total capital commitments of $125mn to make investments in cybersecurity and next generation enterprise software ... more

Dismiss