Poland Opts to Go Slow on Swiss-Loan Fix, Sparking Market Rally

  • Banks rally as initial costs of legislation set at $1 billion
  • Regulator to push banks to convert foreign-currency mortgages

Poland’s benchmark equities index and the zloty surged the most worldwide after a new legislative proposal spared banks the immediate cost of converting $36 billion of Swiss-franc home loans into zloty.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.