Sale of savings bonds. There was no such good result this year

The Ministry of Finance presented the results of sales of savings bonds in July. In the previous month, bonds with a total value of PLN 8,226 million were sold. This data is much better than a month earlier, when PLN 6,564 million was recorded, and at the same time the best result this year (the April record managed to break through, when the ministry sold bonds with a total value of PLN 7,366 million).

Sales results of savings bonds in July

The data presented by the Ministry of Finance for June looks as follows:

• 3-month (OTS1025)-PLN 195.9 million,

• 1-year (ROR0726)-PLN 3,284.0 million,

• 2-year (Dor0727)-PLN 426.9 million,

• 3-year (TOS0728)-PLN 3,086.4 million,

• 4-year (COI0729)-PLN 675.4 million,

• 10-year (EDO0735)-PLN 465.3 million.

In July-like a month earlier-the most-bought instruments were 1-year bonds-ROR (40 % participation in the sales structure). Individual buyers allocated PLN 3,284.0 million to buy them. The May leader came second, i.e. 3-year bonds-TOS with 38 percent. participation in the sales structure. PLN 3,086.4 million was allocated to their purchases. 4-year bonds-COI (8 % share in sales), 10-year-old-Edo (6 percent), 2-year-old-Dor (5 %) and 3-month-old-OTS (2 %) enjoyed less interest.

The Ministry of Finance also said that customers allocated about PLN 92 million in July to buy family bonds dedicated to beneficiaries of the “Family 800 plus” program. This is much more than in June, when it was about PLN 61 million. The ministry reminds that family bonds are directed only to people receiving an 800 plus benefit who want to save for the future needs of their children. Program beneficiaries can acquire this type of bonds up to the amount of parental benefit granted. Family bonds are available in continuous sale, so their purchase can be made at any time.

Deputy Minister of Finance with this year’s record

– In the first month of vacation, Poles placed up to PLN 8.2 billion in the treasury retail instruments – most from the beginning of the year. Our clients first chose 1-year-old bonds with a variable interest rate based on the reference rate of the National Bank of Poland, whose share was 40 percent. all bonds sold in July. Savings also willingly bought three -year bonds with a fixed interest rate on TOS, whose share in sales was nearly 38 percent. – comments Jurand Drop, deputy minister of finance.

– It is worth regularly investing savings on attractive terms – the record July sales level this year confirms high interest in our bonds. It is equally important that the money worked all the time. Our offer allows the continuity of multiplying already located funds, and the exchange of falling bonds for new ones, at a lower price, is an additional benefit for the saving. In July, on the way, customers bought every fifth bond, with a total value of over PLN 1.6 billion – he adds.