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Poland sells total of 2.33 bln zlotys of 5-yr, 20-yr bonds at switch tender


Published : Wed, 24 Oct 2007 11:31
By : Agencies
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WARSAW (Thomson Financial) - Poland sold a total of 2.33 bln zlotys of its 5-year and 20-year bonds in exchange for papers maturing this year and in the first half of 2008 at a switch tender today, the finance ministry said.

The ministry said it sold 829 mln zlotys of 5-year papers maturing in April 2012 at a minimum price of 968.5 zlotys.

It also sold 1.5 bln of the little-traded 20-year papers, maturing in September 2022, at a minimum price of 1,022 zlotys.

patrick.graham@thomson.com *48 22 447 2430

pjg/ajb

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Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

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