Secondary market statistics

In November the value of transactions on the Treasury bond secondary market decreased by 4.5% m/m and amounted to PLN 1,581.4bn. Trading in bonds focused on the non-regulated OTC market (92.8%), while the share of the TBS Poland electronic platform in the total turnover value was 7.1% and the share of WSE was only 0.02%.

Value of transactions on the secondary market for Treasury bonds denominated in PLN in November 2025 (M PLN)
	OTC market	Treasury BondSpot Poland	WSE	Total
T-bonds	1 468 292,75	112 900,50	253,66	1 581 446,91

Source: National Depository for Securities (KDPW) and WSE. Data from KDPW are presented according to the date of the settlement, while data from WSE are presented according to the date of conclusion of a transaction.
Historical data are available in the file transakcje_po_typach_rynków.xlsx
Last update - 31.12.2025

Value of transactions on the secondary market for Treasury securities denominated in PLN in November 2025 (M PLN)
	Outright	Sell-buy-back	Repo	Total
T-bonds	289 473,64	689 546,63	604 313,13	1 583 333,40
T-bills	5 545,36	4 361,02	2 980,00	12 886,38
Total	295 019,00	693 907,65	607 293,13	1 596 219,78

Source: National Depository for Securities (KDPW) and National Bank of Poland (the NBP). Data are presented by settlement date.
Historical data are available in the file transakcje.xlsm
Last update - 31.12.2025