Poland offers 400 mln zlotys of floating rate notes at top-up tender

WARSAW (Thomson Financial) - Poland will offer 400 mln zlotys of floating rate notes maturing in 2018 at a non-competitive supplementary tender today, the finance ministry said, after demand at its primary auction for 2 bln zlotys of the note reached 7.67 bln.

After well-bid tenders, the finance ministry has the option of offering up to an additional 20 pct of its original offer to buyers from the primary tender.

Source: By Patrick Graham, forbes.com