Polish c bank mulls making its debt tradable

POLAND - Poland's central bank may switch its untradable debt into tradable paper, Monetary Policy Council (MPC) member Wieslawa Ziolkowska said on Wednesday.

In 1999 the central bank issued some 13 billion zlotys ($3.2 billion) of untradable inflation-linked bonds to mop up cash freed by a slashing of mandatory reserves for commercial banks.

"This operation would entail making this debt tradable and raising interest on the paper to market levels," Ziolkowska told a news conference following th