The yields of Poland's 2- and 5-year eurobonds reached their lowest ever levels on Friday morning, according to a statement by minister of finance Jacek Rostowski. They were 0.818% and 1.899%, respectively, while 10-year notes' yields were 3.092%, reaching the lowest level since March of 2006. "This is another signal confirming investors' rising confidence in Poland, which since 2007 has boasted the highest economic growth among EU member states and is therefore perceived as a safe haven," the minister wrote in the statement. He attributed the declining yields to, among others, lowering deficits and introducing a pension system reform. |
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