Profil:
Bank Gospodarstwa KrajowegoPublikacja: 2024-10-16 12:03
BGK sells PLN 1.18 bln in four series of rescue funding bonds
Polish state development bank BGK sold PLN 1.18 billion (EUR 274.7 mln) in four series of FPC fund bonds (FPC0328, FPC0631, FPC0733 and FPC0342) at an auction on Wednesday, against a demand exceeding PLN 1.4 billion (EUR 325.9 mln), the bank said in a statement.
All bond issues are being conducted for the benefit of the COVID-19 Countermeasures Fund operated by BGK bank.
The Fund is for the public finance sector. Its full service is provided by BGK, in particular managing its liquidity and raising financing, mainly in the form of bond issues.
pat/ ao/