While some bearish economists are forecasting a gloomy future fueled by a massive and growing public debt, for now those concerns have yet to engender pessimism in the marketplace. Puls Biznesu reports that Treasury bonds are as attractive as ever to investors.

One reason for investor interest in Poland's public debt could be the presidential victory of Bronisław Komorowski, a politician analysts feel will help strengthen Poland's economic position in the EU, help introduce pro-business reforms and help to cut Poland's debt.

Yesterday's Treasury bond issue was particularly successful. Two-year bonds worth zł.5 billion were sold in the market, but institutional investors expressed interest to spend as much as zł.11 billion.

Source: Poland AM