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PKO BP to issue PLN 500 mln mortgage bonds

13:41

The mortgage unit of state-controlled lender PKO BP has launched its second issue of variable-rate benchmark mortgage bonds. The total value amounts to PLN 500 million, the bank informed. A book-building for the benchmark issue of the 5-year papers will take place on June 14, while subscriptions will be held on June 15. The issue date was set for June 17. Bonds are expected to debut on June 29. At the end of April, PKO BP, together with HSBC Bank, launched an issue of CHF-denominated bonds.
PKO BP, the leader in Polish banking, has been listed on the WSE since 2004.

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