TFIs cutting back on corporate bonds in record-high levels – NBP

Polish investment funds (TFIs) in November alone have reduced its portfolios of corporate bonds by 14.4 percent according to central bank NBP’s data. Over the last three month period ending at-November, TFis exposure in such financial instruments has contracted by nearly 25 percent (PLN 7.1 billion) Bank securities are seeing similar outflows amounting to 15.2…

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