Secondary market statistics

In December the value of transactions on the Treasury bond secondary market decreased by 2.3% m/m and amounted to PLN 1,544.8bn. Trading in bonds focused on the non-regulated OTC market (91.8%), while the share of the TBS Poland electronic platform in the total turnover value was 8.1% and the share of WSE was only 0.03%.

Value of transactions on the secondary market for Treasury bonds denominated in PLN in December 2025 (M PLN)
	OTC market	Treasury BondSpot Poland	WSE	Total
T-bonds	1 418 488,67	125 916,00	438,66	1 544 843,33

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 - 30.01.2026

Value of transactions on the secondary market for Treasury securities denominated in PLN in December 2025 (M PLN)
	Outright	Sell-buy-back	Repo	Total
T-bonds	260 753,06	696 126,74	589 295,22	1 546 175,03
T-bills	995,55	4 650,90	0,00	5 646,45
Total	261 748,61	700 777,64	589 295,22	1 551 821,48

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 - 30.01.2026