News

On 27th July 2018 PKO Bank Hipoteczny will issue PLN 500 million covered bonds with the maturity date falling on 25th July 2025. Spread over WIBOR 3M of 62 bps was set in the bookbuilding process which was conducted on 24th July 2018.
 

On the 27^th April 2018 PKO Bank Hipoteczny will issue PLN 700 million of PLN-denominated covered bonds with the maturity date falling on the 25^th April 2024. Spread over WIBOR 3M of 49 bps was set in the bookbuilding process which was conducted on 24^th April 2018.

The appointment of Paulina Strugała as the President of the Bank's Management Board was provided upon the approval by the Polish Financial Supervision Authority. From 16 April 2018 until the date of obtaining the approval, Paulina Strugała will be the Vice President of the Management Board acting as the President of the Bank’s Management Board.

On 15^th March 2018 PKO Bank Hipoteczny priced covered bonds worth EUR 500 million with a maturity date of 24^th January 2024 and a spread over EUR Mid-Swaps of 23 bps. The bookbuilding process attracted 60 investors that placed orders for PKO Bank Hipoteczny’s covered bonds totalling EUR 850 million.

PKO Bank Hipoteczny, 100% owned by PKO Bank Polski, has mandated BNP Paribas, HSBC, LBBW and PKO Bank Polski as Joint Bookrunners for its potential Euro denominated, RegS Bearer, covered bond benchmark transaction backed by Polish PLN-denominated residential mortgage loans.

PKO Bank Hipoteczny has become the first Polish issuer to join the Covered Bond Label. The Covered Bond Label is a quality label, the purpose of which is to highlight the security and quality of covered bonds to investors and to further enhance recognition of and trust in the covered bond asset class.