Equities: Stocking up on Warsaw

When the stock exchange goes on sale in November, investors will have a chance to buy into a company that has been a crucial force in the expansion of Poland’s equity market. But will its efforts to kick-start the country’s lacklustre corporate bond market meet with the same success? Lucy Fitzgeorge-Parker reports.

WITH A HIGH-PROFILE IPO to get away this autumn many managers might by now be sporting well-bitten fingernails, as the roll call of failed and pulled listings gets longer by the day. But Aleksandr Grad, the treasury minister responsible for the forthcoming sale of the Warsaw Stock Exchange, is unperturbed by the prospect of coming to market in testing conditions. As he points out, the Polish government managed to push through the Z8.1 billion ($2.5

Thanks for your interest in Euromoney!
To unlock this article: