WARSAW: The Ministry of Finance canceled the treasury bonds tender scheduled for Thursday due to “negative impact of the circumstances occurring in international markets on the Polish debt market,” the ministry informed. The total value of the bonds ranged PLN 3-5 billion.
“Calling off today’s tender is the result of a negative situation in international markets. Currently, there is a sale of bonds in the markets and market interest rates are increasing significantly,” Artur Radziwiłł, the deputy finance ministry said commenting on the news.
The Ministry is also mulling calling off another tender scheduled for May 21 or changing the supply, Radziwiłł added. The Ministry was to offer OK0717, WZ0120, WZ0124 bonds maturing in 2017-2024.
