Supply of Treasury Securities in February 2026

30.01.2026

Ministry of Finance presents the supply of Treasury Securities in February 2026:

1. T-bond sale auctions

Auction date	Settlement date	Series	Planned offer (PLN m)
11-Feb-2026	13-Feb-2026	OK0128 / WZ0930 / PS0131 / NZ0331 / DS1035 / possible T-bond of IZ type and other series	7,000-12,000
18-Feb-2026	20-Feb-2026	OK0128 / PS0131 / NZ0331 / DS1035 / possible T-bond of IZ type and other series	7,000-12,000
25-Feb-2026	27-Feb-2026	OK0128 / WZ0930 / PS0131 / NZ0331 / DS1035 / possible T-bond of IZ type and other series	7,000-12,000

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

Switching auctions of T-bonds are not planned.

3. T-bill auctions

Auction date	Settlement date	T-bill	Maturity date	Planned offer (PLN m)
6-Feb-2026	10-Feb-2026	33-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
OTS0526 3-month	100.00 PLN (100.00 PLN for rolling-over)	Fixed 2.50%
ROR0227 1-year	100.00 PLN (99.90 PLN for rolling-over)	Floating (NBP Reference rate + 0.00%), 4.25% in the first coupon period
DOR0228 2-year	100.00 PLN (99.90 PLN for rolling-over)	Floating (NBP Reference rate + 0.15%), 4.40% in the first coupon period
TOS0229 3-year	100.00 PLN (99.90 PLN for rolling-over)	Fixed 4.65%
COI0230 4-year	100.00 PLN (99.90 PLN for rolling-over)	Floating (inflation rate + 1.50%), 5.00% in the first coupon period
EDO0236 10-year	100.00 PLN (99.90 PLN for rolling-over)	Floating (inflation rate + 2.00%), 5.60% in the first coupon period
ROS0232 „family bonds” 6-year	100.00 PLN	Floating (inflation rate + 2.00%), 5.20% in the first coupon period
ROD0238 „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 February 2026
ts_supply_02_2026.pdf 0.66MB