Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Polish Yields Hit Low as Central Bankers See Cuts; Zloty Gains

Polish 10-year bond yields dropped for a fourth day to a record low after two policy makers signaled the central bank will cut rates next month and before a report expected to show inflation is slowing.

The yield on notes due on October 2023 fell eight basis points to 3.87 percent as of 5:19 p.m. in Warsaw, having declined eight basis points last week. The zloty advanced 0.3 percent to 4.1082 against the euro.

The central bank cut borrowing costs for a second time in as many months last week, reducing the main interest rates by a total of 50 basis points to 4.25 percent. Poland remains in monetary easing mode, policy maker Elzbieta Chojna-Duch said on TVN CNBC today. A rate cut in January is almost certain, fellow central banker Adam Glapinski told PAP newswire today. A report due on Dec. 13 will show the inflation rate dropped to 2.9 percent in November, a two-month low, according to a median estimate in a Bloomberg survey of 31 economists.

“Morning comments from Chojna-Duch and Glapinski confirm prospects for an interest-rate cut in January,” Aleksandra Bluj, a fixed-income analyst at Bank Pekao SA in Warsaw, said in an e-mailed report. “While the expectations are strong, the yields may decline further.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.