MIL ASI Translation. Region: Polish/Europe –
Fuente: Gobierno de Polonia en poleco.
Bond valuation con euro15.10.2024
On October 15, 2024, the Ministry of Finance placed 7- and 15-year benchmark bonds with a total nominal value of EUR 3.00 billion on the euro market. Investors once again confirmed their huge interest in Polish bonds denominated in euro, reporting historically high demand, which exceeded EUR 15.4 billion. 7-year bonds worth EUR 1.25 billion due October 22, 2031 were priced at 85 basis points above the average swap rate. A yield of 3.197% was obtained, with an annual coupon of 3.125%. 15-year bonds worth EUR 1.75 billion due October 22, 2039 were priced at 140 basis points above the average swap rate. The yield was 3.898%, with an annual coupon of 3.875%. The issue was carried out on the basis of the European Medium-Term Bond Issue Program (EMTN). The managers of the consortium organizing the issue were the banks: Commerzbank, ING, JP Morgan and Société Générale.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.