Ministry of Finance with a record eurobonds transaction

The Polish Ministry of Finance has placed €3.75 billion worth of 10- and 20-year eurobonds on the market. This is the largest transaction ever conducted by the Ministry of Finance on this market.

The issue was met with strong demand from investors, who submitted a total of €10.2 billion. This suggests that investors are confident in the Polish economy.

The 10-year bonds were priced at 115 basis points above the average swap rate, yielding 3.716 percent. The 20-year bonds were priced at 160 basis points above the average swap rate, yielding 4.175 percent.

(ISBnews)