Poland hires banks for dual tranche Samurai bond
The Republic of Poland has picked Daiwa Securities Capital Markets, Mitsubishi UFJ Morgan Stanley Securities and Mizuho to arrange meetings with Japanese bond investors, with a view to issuing a dual tranche Samurai bond.
Price talk has been released at 70bp-90bp over yen swaps for the three year tranche and 85bp-105bp over yen swaps for the five year tranche. The note is expected to be priced next week.
The country last sold a Samurai in November 2009 via Daiwa, Mizuho and Nomura, according
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