Polish Fin Min wants c bank help on foreign debt

Poland's finance ministry is seeking funds from the national bank at a preferential rate to use to repay part of Poland's foreign debt, so-called Brady bonds. Leszek Balcerowicz, president of the NBP, did not comment on the proposal of preferential purchase.

Source: Polish News Bulletin

The finance ministry would like to purchase $1 to 1.5bn from the National Bank of Poland, at a preferential price. The ministry is currently negotiating with the central bank the level of support for the repayme