LONDON, March 16 (IFR) - Poland has launched a €1bn October
2027 bond at 55bp over mid-swaps, according to a lead.
It has also set final terms for a €500m tap of its January
2036 notes at 83bp over mid-swaps.
Combined books at the last update were in excess of €2.5bn
with a skew to the long 10 year.
That bond has launched at the tight end of the 55bp-57bp
guidance, after initial price thoughts at 60bp area.
The January 2036 reopening was initially marketed at plus
90bp-95bp, with guidance set at plus 85bp-90bp and then pricing
was further revised to 83bp-85bp over.
The bookrunners are Barclays, BNP Paribas, Commerzbank, ING,
JP Morgan and PKO Bank Polski.
The deal is today's business.
Poland is rated A2/BBB+/A-.
(Reporting by Robert Hogg; editing by Sudip Roy)