Poland to issue bonds worth $450 mln on Chinese market

Poland plans to issue bonds worth about $450.92 million (PLN 1.71 billion) on the Chinese market this week, Reuters informed citing the Polish Deputy Finance Minister Piotr Nowak. "We plan to issue a 3-year bond on the Chinese market this week," Deputy Minister said. Bank of China and HCBC have been mandated to organize the issue. Poland has already financed over 75 percent of its total gross borrowing needs for 2016 worth PLN 183 billion.