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Bank Gospodarstwa KrajowegoPublikacja: 2025-06-12 12:00
BGK sells PLN 1.29 bln in four series of rescue funding bonds, against PLN 2.97 bln demand
Poland's state development bank BGK sold over PLN 1.29 billion (EUR 302.6 mln) in four series of rescue-funding FPC fund bonds (FPC0229, FPC0231, FPC0332 and FPC0235) at an auction on Thursday, against a demand of nearly PLN 2.97 billion (EUR 696.8 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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