We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » January 10, 2014
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
Poland sells EUR 2bn worth of 10Y bonds
January 10, 2014   
Article's tools:

The Polish government sold EUR 2 billion in 10Y bonds on Wednesday on EUR 4.1 billion bids, pricing the paper to yield 3.032%, the Finance Ministry said in a market filing.

"High demand allowed reaching yield at 3,032% - historically the lowest level for Polish long-term eurobonds," the statement said.

The bonds were valued at 87 bp above the average swap rate and their annual coupon was set at 3%.

The bonds sold on Wednesday mature on January 15, 2024, the statement said.

Investment funds took the largest share of the issue at 36%, banks followed with 25%, while pension funds and insurance firms - 24%. A breakdown country-wise showed the largest involvement of European states such as Germany, Austria and Great Britain.

There was also substantial involvement of central banks and funds managing public money, which acquired 14% of the issue.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE