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Average 5-Year JGB Auction Internals


5-Year JGB Auction Results


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  • NBP reiterated in its statement that future policy decision will depend on Ukraine situation and economic data, and that it stands ready to intervene in FX market if needed.
  • *POLISH CENTRAL BANK SEES 2022 CPI AT 13.2%-15.4% VS 9.3%-12.2%
  • *POLISH CENTRAL BANK SEES 2023 CPI AT 9.8%-15.1% VS 7%-11% (BBG)
  • NBP also mentioned that a stronger PLN would help curb inflation.

Link to NBP statement:

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