WARSAW Oct 18 Poland has decided to issue 30-
and 12-year eurobonds now to take advantage of the favourable
market situation and avoid potential uncertainty related to the
situation in the United States, Deputy Finance Minister Piotr
Nowak said on Tuesday.
"We want to take advantage of the good climate on the
market, pre-finance next year's borrowing needs. We want to
avoid potential uncertainty related to the development of the
situation in the United States," Nowak told Reuters.
Nowak did not elaborate what potential developments in the
U.S. he was referring to. He had signalled earlier that foreign
bond issues were unlikely until the end of this year.
The United States is currently in the run up to the Nov. 8
presidential election. The U.S. Federal Reserve is also expected
to raise rates by the end of the year.
(Reporting by Pawel Sobczak; Writing by Marcin Goettig)