Poland sells 1.4 bln zlotys of 2-yr bond vs 2 bln offered - ministry - Forbes.com

Poland sells 1.4 bln zlotys of 2-yr bond vs 2 bln offered - ministry - Forbes.com

Poland sold 1.4 bln zlotys of its 2-yr bonds at a primary tender today, short of the 2 bln zlotys on offer, the finance ministry said.

The ministry said sale attracted bids of 2.09 bln zlotys, the minimum price accepted at the tender was 904.2 zlotys and the average yield reached 5.185 pct.

The ministry also opted not to hold a non-competitive supplementary auction.

Source: AFX