Poland plans large foreign bond issues in Q4
October 1, 2012
Poland’s Finance Ministry will auction between PLN 10 billion and PLN 18 billion in Treasury bonds at three auctions slated for October and November, then up the ante with one or two switching auctions and leave the door open for another auction in December, the ministry said in a statement.
The schedule is heavy in October when Poland will take up to PLN 14 billion in two auctions.The pace slows in November with a single auction of PLN 2.0 to 4.0 billion of unspecified paper on November 8. A possible auction December 12 is called conditional "depending on the market situation."
Switching auctions are slated for November 21 and, conditionally, for December 6.