BGK to trade PLN 1.39 bln bonds on Catalyst

The Warsaw Stock Exchange has set June 9 as the first day of trading on BGK0219S011A bond series with a total value of PLN 1.39 billion issued by Poland's state-owned lender Bank Gospodarstwa Krajowego (BGK) on the alternative market, Catalyst. BGK will trade 1,392,000 bonds. The value of each bond stands at PLN 1,000, the bourse informed. BGK is the only Polish bank that belongs entirely to the Treasury. It was established in 1924 as part of the Act to promote government socio-economic programs and programs for local government and regional development.