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Published on 1/20/2006 in the Prospect News Emerging Markets Daily.

Poland expected to set guidance for €3 billion 10-year bond at mid-swaps plus 13-16 bps

By Reshmi Basu

New York, Jan. 20 - The Republic of Poland set initial price guidance for an offering of €3 billion in 10-year notes (A2/BBB+/BBB+) at mid-swaps plus 13 to 16 basis points, according to a market source.

Credit Suisse, Deutsche Bank and JP Morgan are joint lead managers for the Regulation S transaction.

The roadshow is scheduled to end Tuesday in London. Pricing is expected to take place soon afterwards.


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