Fitch rates Poland eurobond A-

Fitch Ratings said it assigned the Republic of Poland's upcoming 10-year eurobond a rating of A-. The rating is in line with Poland's long-term foreign-currency issuer default rating of A-.

The outlook is stable.

The ratings are robust due to a temporary period of wider budget deficits and rising government debt, Fitch said.

Fiscal credibility is supported by the government's domestic and external financing flexibility, the agency said.

However, fiscal policy needs to be tightened over the medium term to stabilize the general government debt ratio and prevent Poland's public finance trends from becoming inconsistent with peers, Fitch added.

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