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Bank Gospodarstwa KrajowegoPublikacja: 2024-12-02 12:00
BGK sells PLN 588 mln in three series of rescue funding bonds
Polish state development bank BGK sold PLN 588 million (EUR 137 mln) in three series of FPC fund bonds (FPC0328, FPC0631 and FPC0733) at an auction on Monday, against a demand of PLN 648 million (EUR 150.9 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.
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