Locked content MF working on new corporation tax

The Ministry of Finance is working on a new concept for company taxation. It is possible that the changes will come into force in 2020, deputy finance minister Paweł Gruza announced on Tuesday during the European Economic Congress in Katowice. “The works will come out of the conceptual phase s...

Locked content PLN 3-6 bln T-bonds on offer in May – FinMin

The ministry of finance will offer PLN 3-6 billion worth of treasury bonds at a public tender scheduled for May 24, the ministry stated. By end-April, as much as 55 percent of the budget’s loan needs for the entire year have been financed, with PLN 60 billion on the budget’s balance sheet at the end...

FinMin to sell PLN 15-25 bln bonds in Q2

According to the Ministry of Finance, in Q2, between 3-5 tenders will be organized, and the ministry plans to sell PLN 15-25 billion worth of bonds during them. The government is also planning a 1-3 swap bonds auctions.

FinMin: Budget surplus at PLN 4.5 bln at end-February

The Ministry of Finance has informed that Poland recorded a budget surplus of PLN 4.46 billion at end-February. During that period, PIT revenues increased by 13.4 percent, while CIT revenues were up by 17.2 percent y/y, while VAT revenues grew by PLN 12.3 percent.

MF sells PLN 3 bln worth of bonds. Debt needs financed at 50%

The Ministry of Finance sold PLN 3 billion worth of bonds on auction. The five series will mature in 2020, 2023,2024, and 2028 (two series). Investor interest was at PLN 6.6 billion. According to the ministry after this bond issue, this year’s budget debt plan has been financed at 50 percent.

MF sells PLN 4 bln worth of bonds

The Ministry of Finance sold PLN 4 billion worth of bonds on auction. The six series will mature in 2020, 2023,2024, and 2028 (two series), and 2047. Investor interest was at PLN 13.06 billion. According to the ministry after this bond issue, this year’s budget debt plan has been financed at 3...

MF sells PLN 5 bln worth of bonds. Debt needs financed at 43%

The Ministry of Finance sold PLN 5 billion worth of bonds on auction. The five series will mature in 2020, 2022,2023, and 2028 (two series). Investor interest was at PLN 8.65 billion. According to the ministry after this bond issue, this year’s budget debt plan has been financed at 43 percent.

Locked content FinMin sells PLN 8 bln in 2, 5, 10 and 30-year bonds

The Finance Ministry sold PLN 8 billion worth of bonds, with demand at PLN 11.78 billion. Over 50% of all the securities sold were 10-year bonds, with Bid-to-Cover ratio of 1.92 for the WZ0126 series, and at 1.19 for the DS0727 series. 26 percent of the securities were five-year bonds, 16 percent we...

Locked content FinMin to centralize its IT resources

The Finance Ministry is planning on creating a new IT unit that will service the entire ministry, by expanding the current Finance Ministry IT Center, according to a new draft bill published by the ministry. Employees of 16 IT centers servicing individual treasury chambers as well as the National Tr...

MF sells PLN 3 billion worth of bonds

The Ministry of Finance sold PLN 3 billion worth of bonds on auction on Thursday. The five series will mature in 2019, 2022 (two issues), 2026 and 2027. Investor interest was at PLN 6.86 billion.