Poland sells 5.2bn zlotys in bonds at switch tender

WARSAW: Poland sold a total of 5.2 billion zlotys ($1.52 billion) worth of bonds at a switch tender on Thursday, the finance ministry said in a statement.

This consisted of 197.5 million zlotys in bonds due July 2020, 2.1 billion zlotys in bonds due January 2023, 780 million zlotys in bonds due May 2024, 1.06 billion zlotys in bonds due April 2028 and 1.09 billion zlotys in bonds due May 2028.

In exchange for the papers, the ministry bought back debt due in April, July and October of 2018 and worth total of 5.09 billion zlotys.