MF sells PLN 8.1 billion bond swaps

The Ministry of Finance sold PLN 8.07 billion worth of bond swaps on auction on Thursday, in return it acquired PLN 7.77 billion worth of bonds maturing next year.

Locked content FinMin issues PLN 2 bln worth of bonds to increase BGK’s capital...

The Ministry of Finance has issued zero-coupon bonds worth PLN 2 billion in order to increase the share capital of state owned lender Bank Gospodarstwa Krajowego, the ministry stated in a press release. The bonds will mature on April 25, 2019. They were transferred to BGK on August 4, according to t...

FinMin to sell PLN3-10 bln bonds in Q3

According to the Ministry of Finance, in Q3, only one or two tenders will be organized, and the ministry plans to sell PLN 3-10 billion worth of bonds during them. They should take place in September. The government is also planning a similar number of swap bonds auctions.

Locked content MF: Budget deficit at PLN 46.3 billion in 2016

The state budget deficit in 2016 amounted to PN 46.3 billion, which was 84.6 percent of the amount planned in the budget, the Ministry of Finance reported when presenting its preliminary estimates. The state budget deficit was higher by PLN 3.7 billion in relation to the deficit for 2015 (PLN 42.6 b...

Locked content Deputy finance minister Jasiński resigns

Wiesław Jasiński, the deputy finance minister, has resigned. Spokesman for the finance ministry Luke Świerżewski told the press that the minister submitted his resignation to the Deputy Prime Minister and Minister of Finance and Development Mateusz Morawiecki, citing personal reasons for his decisio...

MF sells bonds for PLN 10 billion

At two auctions on Monday, the Ministry of Finance sold government bonds for over PLN 10 billion. Investor interest was at more than twice the amount.

Locked content Ministry of Finance sells bonds worth PLN 2 billion

The Ministry of Finance today sold 32-week treasury bonds worth PLN 2 billion at auction. Demand amounted to PLN 4.280 billion. The minimum price for the bonds was PLN 9,905 resulting in a yield of 1.540 percent. At the beginning of January the Ministry of Finance sold 33-week T-bonds worth PLN 2.02...

Locked content EU transfer funds for November and for 2017 totals enumerated

Transfers of funds from the European Union to Poland totalled PLN 1.02 billion in November, the Ministry of Finance has said in a statement. As part of the Cohesion Policy, Poland received PLN 3.13 billion. Under the Common Agricultural Policy, Poland received PLN 515.5 million. In November, Poland ...

Locked content Polish town proposes own currency

A new currency may appear in Poland, the Otwock mark. It aims to support local businesses, as well as help older people and students. Three percent of the marks issued would go into the powiat (county) budget. Otwock city council member Marek Leśkiewicz has filed the appropriate applications with th...