April 27, 2020 / 8:30 AM / a month ago

Poland's state fund to issue PLN 15 bln bonds Monday

WARSAW, April 27 (Reuters) - Poland’s state-run economic support fund PFR will issue bonds worth 15 billion zloty ($3.60 billion) on Monday to finance relief from the economic consequences of the new coronavirus epidemic, its Chief Executive Officer Pawel Borys said.

“To be able to deliver financing to entrepreneurs we will begin today to issue bonds worth 100 billion zloty. Today (it will be the) 15 billion zloty tranche of 4-year bonds,” Borys said in a tweet.

$1 = 4.1720 zlotys Reporting by Marcin Goclowski; Editing by Catherine Evans

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