By Yusuke Miyazawa and Takashi Ueno
Oct. 29 (Bloomberg) -- The Republic of Poland started marketing a sale of Samurai bonds, planned for Nov. 6, according to a banker with direct knowledge of the matter.
The government has registered to sell as much as 300 billion yen ($3.3 billion) in bonds, according to a filing with Japan’s Finance Ministry on Oct. 26.
Poland told investors it may price three-year bonds to yield between 1.15 percentage points and 1.3 percentage points more than the yen swap rate, and five-year bonds at a spread of between 1.35 percentage points and 1.5 percentage points, said the banker, who asked not to be named as the talks are private.
Poland had meetings with investors in Japan on Oct. 27 and Oct. 28, the banker said.
Samurai bonds are yen-denominated bonds sold by foreign entities in Japan.
To contact the reporters on this story: Yusuke Miyazawa in Tokyo at ymiyazawa3@bloomberg.netTakashi Ueno in Tokyo at tueno@bloomberg.net
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