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Bank Gospodarstwa KrajowegoPolish development bank BGK sells PLN 57 mln in three series of-bonds at top-up auction
Poland's state development bank BGK sold PLN 57 million (EUR 13.3 mln) in three series of FPC fund bonds (FPC0631, FPC0733 and FPC0342) at the top-up auction on Wednesday, the bank said in a statement. The bonds were issued for the benefit of the Covid-19 Countermeasures Fund.
Earlier today, Poland's development bank BGK sold PLN 1.18 billion (EUR 274.5 mln) in four series of FPC fund bonds (FPC0631, FPC0733 and FPC0342), against a demand of PLN 1,404.5 million (EUR 326.7 mln).
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.
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