Fitch rates Poland eurobond A-

Fitch Ratings said it assigned an A- rating to the Republic of Poland's €2 billion eurobond due Jan. 15, 2024.

The bond has a coupon of 3%.

The rating is in line with Poland's A- long-term issuer default rating and stable outlook.

The ratings reflect the credible monetary and exchange-rate regime of the country, its strong financing flexibility and its political stability underpinned by its E.U. membership, Fitch said.

The country has improving external finances underpinned by expected modest current account deficits, the agency said, and sufficient buffers against potential external shocks.

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