Polish BGK bank sells 3-year bonds worth 500 mln zlotys

By Kitco News / January 18, 2018 / www.kitco.com / Article Link

WARSAW, Jan 18 (Reuters) - Polish state bank BGK sold 500 million zlotys ($147 million)worth of three-year floating-rate bonds on Thursday, the bank said in a statement.

BGK said it sold the bonds with a spread of 24 basis points over the Polish interbank lending rate WIBOR, adding that the proceeds from the issue were partly used to roll over its bonds maturing on Jan 25.($1 = 3.3991 zlotys)


(Reporting by Marcin Goettig; Editing by Hugh Lawson)

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