Poland sells 1.505 bln zlotys in 20-year bonds, demand 3.43 bln zlotys

WARSAW (Thomson Financial) - Poland's finance ministry sold 1.505 bln zlotys of its 20-year bonds, maturing in September 2022, at a tender today, the ministry said in a statement.

Demand from investors for the bonds reached 3.43 bln zlotys. Minimum price accepted at the tender was 994.65 zlotys and the average yield 5.796 pct.

The ministry had set the offer for the tender at 1.5 bln zlotys.

Source: By Paweł Sobczak (Thomson Financial), forbes.com