FinMin issues bonds for nearly PLN 7 billion

The Ministry of Finance has today sold wholesale bonds from three packs, which mature in 2018, 2022 and 2026. Their value amounted to PLN 6.988 billion with demand exceeding PLN 10.704 billion. The interest on these bonds ranges from 1.647 percent to 2.791 percent, respective to their later maturity date. The initial offer for the bonds was PLN 4 to 7 billion. The Ministry reported that, as of end of August, it has completed the budget for loans up to 82 percent. No more bond auctions are planned for September.