PKO Bank Mulls More Sales of Covered Bonds to Retail Investors
A PKO Bank Polski SA bank branch in Warsaw.
Photographer: Damian Lemański/BloombergPKO Bank Polski SA, Poland’s largest lender, is weighing the sale of more covered bonds to individual investors after it raised 1.16 billion zloty ($315 million) from its maiden issuance.
The bank’s mortgage unit increased the size of the offer from the initial 1 billion zloty amid significant demand from retail savers, it said in a statement. The three-year bonds will be listed on Warsaw Stock Exchange’s Catalyst debt trading platform starting the end of this month.