New Issue-Poland sells 44.8 bln yen in Samurai bonds

TOKYO, Nov 6 (Reuters) - Poland has sold 44.8 billion yen
($494.4 million) in three-year and five-year Samurai bonds, joint
lead managers said on Friday.

Details are as follows:

1. Three-year fixed-rate bond:

Issue amount: 23.3 billion yen

Coupon: 1.92 percent

Issue price: par

Maturity date: November 13, 2012

Coupon payments: May 13, November 13

Payment date: November 13, 2009

Lead managers: Daiwa Securities SMBC

Mizuho Securities

Nomura Securities

Fiscal agent: Sumitomo Mitsui Banking Corporation

Ratings: A2 (Moody's)

A- (JCR)

Spread: Libor+120 basis points

2. Five-year fixed-rate bond:

Issue amount: 21.5 billion yen

Coupon: 2.34 percent

Issue price: par

Maturity date: November 13, 2014

Coupon payments: May 13, November 13

Payment date: November 13, 2009

Lead managers: Daiwa Securities SMBC

Mizuho Securities

Nomura Securities

Fiscal agent: Sumitomo Mitsui Banking Corporation

Ratings: A2 (Moody's)

A- (JCR)

Spread: Libor+140 basis points

Samurai bonds are yen bonds issued in Japan by non-Japanese
entities.

($1=90.61 Yen)

(Reporting by Naoyuki Katayama, Hiroyasu Hoshi; Writing by
Kaori Kaneko)