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Bank Gospodarstwa KrajowegoBGK sells PLN 65 mln in three series of rescue bonds at top-up auction
Poland's state development bank BGK sold total of PLN 65 million (EUR 16.8 mln) in three series of FPC fund bonds (FPC0229, FPC0332 and FPC0235) at the top-up auction on Thursday, the bank said in a statement. The bonds were issued for the benefit of the Covid-19 Response Fund.
Earlier today, BGK sold over PLN 637.61 million (EUR 149.5 mln) in four series of FPC fund bonds (FPC0229, FPC0231, FPC0332 and FPC0235) at the regular auction.
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.
jz/ ao/