POLAND: Poland Sells Bonds For PLN12.0bn Against Demand Of PLN22.5bn

The Finance Ministry sold PLN12.00bn worth of POLGBs at today's auction, with PLN7bn-12bn on offer, attracting demand for PLN22.54bn worth of debt. This includes a sale of: * PLN0.580bn of Sep '28 POLSTR-based floating bonds (NZ0928), bid/cover 7.87x * PLN0.349bn of Jan '29 zero-coupon bonds (OK0129), bid/cover 1.40x * PLN1.496bn of Mar '31 POLSTR-based floating bonds (NZ0331), bid/cover 3.90x * PLN3.487bn of Oct '31 4.75% fixed-rate bonds (PS1031), bid/cover 1.33x * PLN1.259bn of Oct '34 5.00% fixed-rate bonds (DS1034), bid/cover 1.42x * PLN4.825bn of Apr '36 5.25% fixed-rate bonds (DS0436), bid/cover 1.08x The deadline for bids in the top-up auction is 13:15BST/14:15CEST.