Oct 18 (IFR) - The Republic of Poland has announced updates
on a dual-tranche euro offering comprising 12 and 30-year bonds,
according to a lead.
The sovereign has set final guidance on the October 2028
notes at 50bp over mid-swaps (+/-2bp), to price in the range. On
the October 2046 tranche, the spread was set at 120bp over
That compares with initial price thoughts of 55bp area and
The combined order books are over 1.75bn, with a skew
towards the 12-year offering.
The transaction, rated A2/BBB+/A-, is expected to price
today via Barclays, BNP Paribas, Citigroup, Commerzbank and
(Reporting by Robert Hogg; Editing by Philip Wright)