Should Brexit happen, FinMin may call off 1-2 bond auctions

The Ministry of Finance has a safe level of buffer stock and in the case of possible turbulence after "Brexit" the ministry may cancel one or two bond tenders, said Piotr Nowak, deputy Finance Minister. He added that Poland wants to issue bonds denominated in yuan. Last week, the Finance Ministry's delegation was in China. "We attended meetings at the central bank, with regulators and investors. It is very beneficial for us, because at present conditions,  if have issued such bonds and swap them to the euro, we would be very close to zero, or perhaps even negative interest rates. But it will depend on what will happen with the UK," Nowak said.