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Bank Gospodarstwa KrajowegoPublikacja: 2025-03-28 12:03
BGK sells over PLN 1.72 bln in four series of rescue funding bonds
Poland's state development bank BGK sold over PLN 1.722 billion (EUR 411.73 mln) in four series of FPC fund bonds (FPC0229, FPC0231, FPC0332 and FPC0235) at an auction on Friday, against a demand exceeding PLN 2.322 billion (EUR 555.2 mln), the bank said in a statement.
All bond issues are being conducted for the benefit of the COVID-19 Response 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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