Locked content MF sold bonds worth PLN 8.3 bln

The Ministry of Finance has sold wholesale WZ0120, PS0721 and WZ0126 series bonds valued at PLN 8.25 billion with PLN 12.4 billion demand, a statement read. WZ0120 series bonds have been sold for PLN 1.49 billion (with PLN 3.37 billion demand), maturing in January 2021. The minimum price was PLN 993...

Locked content Public debt up by 1.2%

The state public debt of Poland grew by 1.2 percent month-on-month to PLN 857.8 billion in February 2016, according to data from the Ministry of Finance. In February 2016, domestic debt amounted to PLN 563.2 billion and grew by 4.9 percent m/m from PLN 537.1 billion. Foreign debt fell by 5.1 percent...

Locked content FinMin to sell bonds worth PLN 5-8 billion

The Ministry of Finance will sell WZ0120/PS0721/WZ0126 bonds maturing in 2020, 2021 and 2026 worth PLN 5-8 billion at a tender on Thursday, the ministry announced. On April 7, Poland sold OK1018 and DS0726 series bonds valued at PLN 6.07 billion. Poland’s borrowing needs for this year were satisfied...

Locked content Government: The final proposal of retail tax in 2-3 weeks

“Poland’s Finance Minister will present the final proposal of the retail tax within two-three weeks,” government spokesperson Rafal Bochenek told reporters in parliament on Thursday. According to the head of the cabinet’s standing committee Henryk Kowalczyk, the introduction ...

Locked content MF selects 5 banks to issue 20-year Eurobonds

Banks Citi, HSBC, ING, Societe Generale and UniCredit were chosen by the Ministry of Finance to conduct the issue of bonds denominated in euros which will mature in 20 years. The transaction is expected to be undertaken in the nearest future, the ministry said. “The Ministry of Finance informs...

Locked content IMF forecasts Poland’s GDP growth in 2016 & 2017

The International Monetary Fund estimated that Poland’s GDP will grow by 3.6 percent and remain at this level in 2016 and 2017, whereas it will stand at 3.5 percent in 2021. IMF experts projected 0.2 deflation in 2016 and a return to inflation, amounting to 1.3 percent in 2017 and 2.5 percent ...

Locked content FinMin: Budget deficit at PLN 42.6 billion in 2015

Poland’s budget deficit amounted to PLN 42.6 billion in 2015, the Ministry of Finance announced on Friday. On Thursday, Development Minister Mateusz Morawiecki told the Polish Press Agency that the deficit stood at around PLN 45-46 billion. In February, the Ministry of Finance announced that t...

Locked content MF sells bonds worth PLN 6.07 bln

The Ministry of Finance has sold wholesale OK1018 and DS0726 series bonds valued at PLN 6.07 billion, a statement read. OK1018 series bonds have been sold for PLN 1.64 billion (with PLN 2.64 billion demand), maturing in January 2018. The minimum price was PLN 961. DS0726 series bonds have been sold ...

Locked content MF selects 4 banks to issue dollar bonds

Barclays, BNP Paribas, Deutsche Bank and J.P. Morgan were chosen by the Ministry of Finance to conduct the issue of bonds denominated in dollars. The transaction is expected to be undertaken “in the near future, depending on the market situation,” the ministry said. At the end of Februar...