Poland Swaps $564M Bonds

Poland swapped $564 million of bonds at an exchange auction on Feb.2, 2011.

Poland swapped $564 million of bonds at an exchange auction on Feb.2, 2011, Bloomberg reports. The notes have been exchanged for debt maturing in May and July 2011.

The five year notes have a 5.78% yield. The finance ministry met 30% of the investors’ demand for the debt at the auction.

Click here for the story from Bloomberg.