PKO Bank Mulls More Sales of Covered Bonds to Retail Investors

PKO Bank Polski SA, Poland’s largest lender, is weighing the sale of more covered bonds to individual investors after it raised 1.16 billion zloty ($315 million) from its maiden issuance.

The bank’s mortgage unit increased the size of the offer from the initial 1 billion zloty amid significant demand from retail savers, it said in a statement. The three-year bonds will be listed on Warsaw Stock Exchange’s Catalyst debt trading platform starting the end of this month.