Supply of Treasury Securities in December 2025
28.11.2025
Ministry of Finance presents the supply of Treasury Securities in December 2025:
1. T-bond sale auctions
|
Auction date |
Settlement date |
Series |
Planned offer |
|
8-Dec-2025 |
10-Dec-2025 |
OK0128 / NZ0928 / WZ0930 / PS0131 / 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.
|
Auction/ |
Settlement |
Source T-bonds |
Outstanding |
|
17-Dec-2025 / |
OK0128 / NZ0928 / WZ0930 / PS0131 / DS1035 / possible T-bond of IZ type and other series |
WZ0126 | 11,325 |
| OK0426 | 10,512 | ||
| DS0726 | 36,265 | ||
| PS1026 | 27,919 | ||
| WZ1126 | 29,449 |
3. T-bill auctions
|
Auction date |
Settlement date |
T-bill |
Maturity date |
Planned offer |
|
5-Dec-2025 |
9-Dec-2025 |
42-week |
29-Sep-2026 |
2,000-4,000 |
After the auction bills will be offered within additional sale at a minimum accepted clean price.
4. Offer on the retail market
|
T-bond |
Issue price |
Coupon |
|
OTS0326 3-month |
100.00 PLN (100.00 PLN for rolling-over) |
Fixed 2.50% |
|
ROR1226 1-year |
100.00 PLN (99.90 PLN for rolling-over) |
Floating (NBP Reference rate + 0.00%), 4.25% in the first coupon period |
|
DOR1227 2-year |
100.00 PLN (99.90 PLN for rolling-over) |
Floating (NBP Reference rate + 0.15%), 4.40% in the first coupon period |
|
TOS1228 3-year |
100.00 PLN (99.90 PLN for rolling-over) |
Fixed 4.65% |
|
COI1229 4-year |
100.00 PLN (99.90 PLN for rolling-over) |
Floating (inflation rate + 1.50%), 5.00% in the first coupon period |
|
EDO1235 10-year |
100.00 PLN (99.90 PLN for rolling-over) |
Floating (inflation rate + 2.00%), 5.60% in the first coupon period |
|
ROS1231 „family bonds” 6-year |
100.00 PLN |
Floating (inflation rate + 2.00%), 5.20% in the first coupon period |
|
ROD1237 „family bonds” 12-year |
100.00 PLN |
Floating (inflation rate + 2,50%), 5.85% in the first coupon period |
Materials
Supply of Treasury Securities in December 2025ts_supply_12_2025.pdf 0.66MB