Poland Plans $8.45B Bond Sales In Q2

Poland is seeking to sell between $3.52 billion and $6.34 billion of zero coupon and fixed rate government bonds.

Poland is seeking to sell between $3.52 billion and $6.34 billion of zero coupon and fixed rate government bonds, The Wall Street Journal reports. The finance ministry is planning three bond auctions in the second quarter of 2011.

Poland will also raise $1.05 billion to $2.11 billion in a sale of floating rate and inflation-linked bonds at two auctions. Additionally, it will sell Treasury bills worth $2.11 billion to $4.22 billion with maturities between 44 weeks and 52 weeks at 12 auctions.

Click here for the story from The Wall Street Journal.