Finance Ministry looks overseas to sell domestic T-bonds

For the first time it will offer bonds worth zł.930 million in Switzerland. Furthermore, the Ministry plans to issue bonds in Japan for the second time, which "Value should amount to about $0.5 billion," said Ryszard Michalski, deputy finance minister. The undertakings of the Ministry are in accordance with announcements made in late 2003 to increase the share of foreign debt in financing the budget. "We are flooded with offers from foreign investors but there is a question whether to wait until the financial rating of Poland improves," said Michalski. (Puls Biznesu, pp. 1, 6) M.M.