Poland’s 2011 Borrowing Needs Fully Financed, Marczak Says
Poland has financed all of its borrowing needs for this year after selling $2 billion in dollar-denominated bonds yesterday and an inflow of 440 million euros ($622 million) in credit from the European Investment Bank today, said Piotr Marczak, head of the ministry’s debt management department, in an e-mailed statement.
The Polish government is now in the process of pre- financing its 2012 borrowing needs, Marczak said, adding that it plans to sell five-year zloty bonds in November.
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