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Bank Gospodarstwa KrajowegoBGK to issue EUR 236 mln 8-year euro-denominated bond for EIB on October 30
Poland's state development bank BGK will issue an 8-year euro-denominated bond worth EUR 236 million on October 30 for the Aid Fund and destined for the European Investment Bank (EIB), BGK said on its website.
"Poland's state development bank BGK announces that on October 30, 2024, 8-year tranche E euro-denominated will be issued to the Relief Fund in a private placement," it wrote.
The nominal value of the bonds, maturing on October 30, 2032 and bearing an interest rate of 3.60 percent every year, will amount to EUR 236 million.
The issue is addressed to the European Investment Bank.
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