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
Eurozone manufacturing growth hits four-year high in April but Middle East war drives record price surge
Eurozone manufacturing activity expanded at the fastest pace in nearly four years in April as factories rushed to build safety stocks ahead of expected price rises and supply shortages linked to the ... more
Poland’s BGK to begin operations in Ukraine under new cooperation deal
Polish state development bank BGK will launch operations in Ukraine following the signing of a cooperation agreement between the two countries’ economic ministries, reported Ukraine Business News. ... ... more
Ukraine’s NovaPay launches European app for financial services with Polish partner
Ukrainian financial services group NovaPay has launched a European version of its mobile application, aimed at Ukrainians and EU residents, in partnership with Polish payment institution Quicko, ... more