Tuesday, 15 November 2022
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The following indicative bid/ask prices were noted on 8 November2022:
In contrast to the soaring prices in the OTC market of EU spot GOs, the most recent indicative prices in the Polish GO market as of 8November 2022 suggest stable growth (4%) for spot GO prices (2022 production).A reduction of 15% for 2021 vintages based on PLN value was observed, likely due to the 2021 vintage phasing out of market. Meanwhile, forward GOs have seen minor price fluctuations between 1 to 2% due to the relatively illiquid forward market. Notably, due to depreciation of EUR versus PLN, the pric...