For the first time in nearly a century, individual investors can purchase mortgage bonds on the Warsaw Stock Exchange. On 29 October, PKO Bank Hipoteczny's retail mortgage bonds with a total value of PLN 1.155 billion made their debut on the Catalyst market. This historic debut marks a new stage in the development of the debt securities market in Poland.
The Polish Financial Supervision Authority has approved PKO Bank Hipoteczny S.A.'s prospectus concerning the Mortgage Covered Bond Issue Programme. On this basis, the bank may issue covered bonds with a total nominal value of up to PLN 10 billion, as part of offers addressed to both institutional and retail investors.