The insurer PZU bought PLN 1.96 bln in 20-year Treasury-guaranteed bonds issued by state development bank BGK for the Covid-19 countermeasures fund FPC with yield at 2.50%.
In late October PZU said it would buy up to PLN 2.0 bln in BGK bonds for Covid-19 countermeasures fund.
The papers mature on 27 November 2040.