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2010.09.2006:21:00UTC+00Poland to offer bonds due 2021, 2029 at a switch tender on Wednesday: FinMin

News

  • Finance Ministry said that Poland will offer WZ0121 bonds maturing in 2021 and WS0429 bonds maturing in 2029 in exchange for papers due in 2010 at a switch tender on Wednesday.

Background

  • Switch tenders are non-cash transactions which aim to exchange papers nearing their maturities for papers with longer maturities.

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