The Polish government failed to sell its bonds for what its was initially aiming during yesterday’s tender. Poland’s Treasury was hoping to get PLN 5bn for its long-terms securities, while demand did not exceed PLN 4.9bn. Eventually, the Ministry sold its bonds for PLN 3.7bn.
“The financial market have been expecting a better price, especially that the previous tenders were much more successful ” Arkadiusz Urbański of Peak told the daily Puls Biznesu adding the sentiments on the global markets have resulted in the lower pricing, rather than domestic factors.
