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FinMin to target Asian investors with USD 1bn bond issue in April

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Date: 2010-03-08 12:32

Poland plans to offer 5-year Treasury bonds, denominated in the US dollar, to investors in Asia, deputy finance minister Dominik Radziwill told Bloomberg.


The sale will probably be next month and follows investor meetings last week in China, Hong Kong, Taiwan, India, Singapore, Korea and Australia, he said. 

"There is a lot of interest in Poland, despite negative signals coming from the European Union related to Greece. […] Economic growth in Poland even compared to Far East Asian countries is high," Radziwill was quoted as saying. 

Poland raised USD 3.5bn in its last sale of USD-denominated bonds in July, 2009. In January, 2010, the government placed EUR 3.0bn of bonds, which is half of foreign bond sales planned for the whole year.

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