Poland - Factors to Watch April 4
04/04/2025 06:37
WARSAW, April 4 - The following are significant news stories, press reports and events on Friday. ALL TIMES GMT (Poland: GMT + 2 hour): INTEREST RATES Poland's central bank could ease monetary policy as soon as May with the cost of credit falling as low as 3.5% in 2026, Poland's central bank governor said on Thursday, as he shifted to a dovish stance that sent the zloty currency tumbling. CENTRAL BANK On Friday at 1200 the National Bank of Poland (NBP) will publish a minutes from the Monetary Policy Council (MPC) meeting in March. POLISH BANKS According to estimates by the Polish Bank Association, the involvement of banks in financing Poland's borrowing needs is already 690 billion zlotys ($180.84 billion). Data from the Ministry of Finance show that this constitutes 42% of the entire public debt, Rzeczpospolita daily reported. DEBT On Friday at 1000 the Ministry of Finance will hold an auction of 46-week treasury bills worth 3.0-6.0 billion zlotys($786.25 million- $ 1.57 billion). LPP The Polish clothing company LPP LPPP.WA is in the process of comprehensively refinancing its working capital and investment needs. This amounts to several billion zlotys, of which 3-4 billion zlotys is the investment part, said LPP CEO and founder Marek Piechocki in an interview for Rzeczpospolita daily. ****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.**** For other related news, double click on: Polish equities PL-E E.Europe equities .CEE Polish money PL-M Polish debt PL-D Eastern Europe EEU All emerging markets EMRG Hot stocks HOT Stock markets STX Market debt news DBT Forex news FRX For real-time index quotes, double click on: Warsaw WIG20 .WIG20 Budapest BUX .BUX Prague PX .PX ($1 = 3.8156 zlotys) (Reporting by Warsaw Bureau) ((warsaw.newsroom@reuters.com; tel. +48 22 6539700))