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Supply of Treasury Securities in January 2026

31.12.2025

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

1.      T-bond sale auctions

Auction date

Settlement date

Series

Planned offer
(PLN m)

9-Jan-2026

13-Jan-2026

OK0128 / WZ0930 / PS0131 / NZ0331 / DS1035 / possible T-bond of IZ type and other series

7,000-12,000

22-Jan-2026

26-Jan-2026

OK0128 / WZ0930 / PS0131 / NZ0331 / DS1035 / possible T-bond of IZ type and other series

8,000-13,000

28-Jan-2026

30-Jan-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)

16-Jan-2026

20-Jan-2026

36-week

29-Sep-2026

2,000-4,000



 





4.      Offer on the retail market

T-bond

Issue price

Coupon

OTS0426
3-month

100 PLN
(100.00 PLN for rolling-over)

Fixed 2.50%
ROR0127
1-year

100.00 PLN
(99.90 PLN for rolling-over)

Floating (NBP Reference rate + 0.00%),
4.25% in the first coupon period
DOR0128
2-year

100.00 PLN
(99.90 PLN for rolling-over)

Floating (NBP Reference rate + 0.15%),
4.40% in the first coupon period
TOS0129
3-year

100.00 PLN
(99.90 PLN for rolling-over)

Fixed 4.65%
COI0130
4-year

100.00 PLN
(99.90 PLN for rolling-over)

Floating (inflation rate + 1.50%),
5.00% in the first coupon period
EDO0136
10-year

100.00 PLN
(99.90 PLN for rolling-over)

Floating (inflation rate + 2.00%),
5.60% in the first coupon period
ROS0132
 „family bonds” 
6-year

100.00 PLN

Floating (inflation rate + 2.00%),
5.20% in the first coupon period
ROD0138
 „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 January 2026
ts​_supply​_01​_2026.pdf 0.66MB
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