Tag: Szymon Gil
Corporate bond funds continue to attract investors
In November, corporate bond funds earned an average of 1.36 percent, bringing their average return rate for the past 12 months to 10.93 percent. The return rates are bolstered by net contributions from investors,...
High demand and low supply of corporate bonds in the second half of 2023
Even though it's only the beginning of December, in the second half of this year, corporate bond issuers have conducted public offerings worth over PLN 800 million, with investors subscribing for a total of...
Interest rates in Poland remain unchanged
Interest rates in Poland have remained unchanged. As forecasted in the last NBP conference, they are likely to stay in "stand-by" mode until the next inflation projection (in March next year).
Global uncertainty, as well...
US Producer Inflation Unexpectedly Rises, Blurring Picture for Fed
US producer inflation surprised negatively, rising by 2.20% Y/Y (forecast 1.60%) and 0.50% M/M (forecast 0.30%). The main factors for this increase include the cost of services and energy.
This reading further complicates matters and...
Polish interest rates fall ahead of elections, zloty gains
On October 15th parliamentary elections are being held and the interest rates "before" the elections have been reduced by exactly 1 percentage point. The Monetary Policy Council has lowered interest rates by 25 basis...
Inflation in Poland is Single-Digit
In September, inflation finally fell to single digits, reaching 8.20% year on year. This is significantly below the forecast of 8.50%. Therefore, inflation registered at its lowest level since the end of 2021. On...