Fitch rates Poland bond A-

Fitch Ratings said it assigned the Republic of Poland's upcoming $2 billion sovereign bond due July 15, 2019 a rating of A-.

The long-term foreign-currency issuer default rating is A-.

The outlook is stable.

"Poland has coped relatively well with the sharp deterioration in the external economic and financial environment. This reflects the economy's relatively low reliance on external trade, relatively strong banking sector, moderate macroeconomic imbalances and credible monetary and exchange rate regime, which underpins economic stability and medium-term growth prospects," David Heslam, a director at Fitch, said in a statement.

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