Treasury to auction zl. 1 billion of T-bonds, Feb. 12

The Treasury will offer zl. 1 billion of 20-year T-bonds at a primary auction on February 12, the Finance Ministry said in a statement yesterday. Poland will offer is longest-maturity bond only once more this year, in September. In secondary market trade yesterday, the bond's yields were at 5.79/5.70%. In related news investors bid for a total of zl. 2.12 billion worth of T-bills at Monday's zl. 900 million tender, the Central Bank said. The Finance Ministry's offer of zl. 800 million of its popular 52-week T-bills attracted bids worth zl. 1.857 billion and investors placed bids for zl. 265 million of shorter 26-week papers against a zl. 100 million offer. (Reuters) A.K.