Tuesday, May 13, 2008

Finance ministry to offer PLN 1.2bn in WS0922 T-bonds on Wednesday.

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Finance ministry to offer PLN 1.2bn in WS0922 T-bonds on Wednesday. The finance ministry will offer PLN 1.2bn in 20-year fixed-rate series WS0922 (now with 14-year maturity) Treasury bonds at an auction on Wednesday (May 14). Earlier, the ministry said it would offer PLN 1.0-2.5bn of these papers. At the last auction for these securities held in January, the ministry sold the whole PLN 1.5bn offer plus PLN 0.3bn at a supplementary auction. Investors’ demand reached PLN 5.59bn and PLN 0.30bn, respectively. The minimal price of the bonds was PLN 993.51, the average price was PLN 995.01, and average yield - 5.794%. ISB, tom

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Agriculture:

Finance ministry to offer PLN 1.2bn in WS0922 T-bonds on Wednesday.

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