Supply of Treasury Securities in August 2025

31.07.2025

Ministry of Finance presents the supply of Treasury Securities in August 2025:

1. T-bond sale auctions

Auction date	Settlement date	Series	Planned offer (PLN m)
6-Aug-2025	8-Aug-2025	OK0128 / PS0730 / WZ0930 / DS1035 / possible T-bond of IZ type and other series	6,000-12,000

The final offer and the supply will be announced 2 days before the auction, taking into account the market situation and consultations with investors.

After the auction bonds will be offered within additional sale at a minimum accepted clean price.

2. T-bond switching auctions

Auction/ settlement date	Settlement T-bonds	Source T-bonds	Outstanding (PLN m)
27-Aug-2025 / 29-Aug-2025	OK0128 / PS0730 / WZ0930 / DS1035 / possible T-bond of IZ type and other series	OK1025	20,492
		WZ0126	14,806
		OK0426	15,215
		DS0726	46,305

3. T-bill auctions

Sale auctions of Treasury bills are not planned.

4. Offer on the retail market

T-bond	Issue price	Coupon
OTS1125 3-month	100.00 PLN (100.00 PLN for rolling-over)	Fixed 3.00%
ROR0826 1-year	100.00 PLN (99.90 PLN for rolling-over)	Floating (NBP Reference rate + 0.00%), 5.00% in the first coupon period
DOR0827 2-year	100.00 PLN (99.90 PLN for rolling-over)	Floating (NBP Reference rate + 0.15%), 5.15% in the first coupon period
TOS0828 3-year	100.00 PLN (99.90 PLN for rolling-over)	Fixed 5.40%
COI0829 4-year	100.00 PLN (99.90 PLN for rolling-over)	Floating (inflation rate + 1.50%), 5.75% in the first coupon period
EDO0835 10-year	100.00 PLN (99.90 PLN for rolling-over)	Floating (inflation rate + 2.00%), 6.00% in the first coupon period
ROS0831 „family bonds” 6-year	100.00 PLN	Floating (inflation rate + 2.00%), 5.95% in the first coupon period
ROD0837 „family bonds” 12-year	100.00 PLN	Floating (inflation rate + 2.50%), 6.25% in the first coupon period

Materials

Supply of Treasury Securities in August 2025
ts_supply_08_2025.pdf 0.15MB