BGK sold PLN 328 million worth of bonds in additional sales
20:04
Bank Gospodarstwa Krajowego (BGK) sold under additional sales 7-year bonds of series FPC0328 in nominal value of PLN 296mn and 10-year bonds of series FPC0631 in nominal value of PLN 32mn, the bank said.
Yesterday, BGK sold 7-year bonds of series FPC0328 with a nominal value of PLN 671.75mn and 10-year papers of series FPC0631 with a nominal value of PLN 1,274.424mn vs. the minimum offering of PLN 1,000mn.
The bonds are secured by a guarantee issued by the State Treasury. The auction was organized by the issuing agent, the National Bank of Poland (NBP).
The bonds issue is based on the Act of March 31, 2020, on amending the Act on special solutions related to preventing, counteracting, and combating COVID-19, other infectious diseases and crisis situations caused by them, and some other acts, also stated.