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The Warsaw Voice » Business » March 9, 2018
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Demographic reserve fund FRD with less limitations?
March 9, 2018   
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The Polish government wants to relax the current financial investment limitations on PLN 8.8 billion of assets of demographic reserve fund FRD, to allow for placing these means also in long-term state-guaranteed securities, shows a draft bill prepared by the Labor Ministry.
At the moment, the funds in question, representing some 35% of FRD portfolio, may be invested solely in bank deposits.
The means will come from the redemption of IDS1018 bonds maturing in October.
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