Patient approach rewards Poland with euros
Poland pounced on a brief bond market rally on Monday after more than two months of market watching to print its lowest coupon on a 10 year euro bond since 2006. After the market reacted positively — if only for a short time — to news of Spain’s bank bail-out, the CEE sovereign stole in to attract an impressive amount of orders for a tightly priced benchmark.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts