The Ministry of Finance on Thursday bought back bonds for a total of PLN 5.6 billion and sold securities for 5.51 billion. "At today's switch auction, we recorded record low debt financing costs in the segment of five- and ten-year fixed coupon bonds," Deputy Minister of Finance Piotr Nowak twitted after the auction. He reminded that yields were 1.819 percent and 2.038 percent respectively. This allows for relatively cheap financing of Poland's economic development, he underscored.
(PAP)