Poland is to sell 5-, 10- and 30-year USD-denominated notes via syndicate

Poland's decision to issue USD-denominated notes across various maturities is a significant move in the fixed income space.

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Poland is to sell 5-, 10- and 30-year USD-denominated notes via syndicate

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  • 5-year notes guided at +95bps to USTs.
  • 10-year notes guided at +135bps to USTs.
  • 30-year notes guided +160bps to USTs.
Context

The spreads over U.S. Treasuries suggest a premium due to perceived credit risk and market conditions, and the appetite for these bonds can reflect investor sentiment toward emerging market debt amidst current economic uncertainties.

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