2021-11-24 14:30
publishing
2021-11-24 14:30
Inflation in Poland is close to 7 percent.And NBP raises interest rates to stop the price hike. Commercial banks have already responded to central bank decisions Increase interest rates on deposits. Meanwhile, the government’s offer to savers has not changed. Retail bonds issued in December will be offered to buyers on the same terms as in previous months.
The Monetary Policy Council decided to raise interest rates twice in the past two months. NBP – fr. 40 basis points. in October I 75 basis points in November Raising the reference rate from the historically low level of 0.1 percent. Up to 1.25 percent Analysts expect another rate hike already in December.
The high rate of money set by the central bank translates into interest rates on loans and deposits. They are responding to the MPC’s decision Commercial banks that have updated their offers to savers in recent weeks, allowing them to earn more deposits. In October, the Ministry of Finance did not react to a similar move, but it was justified – the government has not yet lowered interest rates on retail bonds. A reduction in NBP interest rates by 40 basis points. In May last year. But after the Monetary Policy Committee raised interest rates in November. For the second time, the rise in the interest rate on government securities “simply returns” to savers. Meanwhile, the ministry said on Wednesday that the December offer will be the same as the November offer.
“The interest rate for 3-month fixed-rate bonds is 0.50% per annum, and 2-year bonds are 1.00%. The other bonds in the first interest period are respectively: 1.10% for 3-year bonds, and 1.30% for 4-year bonds. One-year bonds.— age 1 year and 1.70% 10 years ”- informs the Ministry of Finance. In the case of three-year bonds, interest in subsequent periods is determined on the basis of The WIBOR6M index, which is currently over 2 percent. On the other hand, the four-year and ten-year bonds will give a gross profit for CPI inflation as well as a margin of 0.75% and 1% respectively. The Ministry of Finance also has a product for 500+ beneficiaries. 6- and 12-year family bonds carry interest of 1.50% and 2.00% respectively in the first year of saving, and in subsequent years – the yield is calculated based on CPI inflation and a margin of 1.25 and 1.5%, respectively. From the nominal return on the investment in savings bonds, you have to pay the so-called BELKA tax.
W October, the Ministry of Finance received 3.6 billion PLN from the sale of savings bonds Lowest since February, but still more than any month before 2021. Except for the exact May of last year. More than 34,000 people have benefited from the offer. People, on average, spent more than 100 thousand on the purchase of securities. zloty. Retail Bonds already has approximately 205,000 in its investment portfolio. Persons. In addition, more than 31 thousand invest in these securities through IKE. In the face of accelerating inflation, Poles invest less frequently in fixed- and low-rate retail treasury bonds, and more often in government securities that are better insured against loss of real value. but Even “anti-inflationary” bonds may not be enough to protect all capital from erosion.
Maciej Kalwasiński
Echo Richards embodies a personality that is a delightful contradiction: a humble musicaholic who never brags about her expansive knowledge of both classic and contemporary tunes. Infuriatingly modest, one would never know from a mere conversation how deeply entrenched she is in the world of music. This passion seamlessly translates into her problem-solving skills, with Echo often drawing inspiration from melodies and rhythms. A voracious reader, she dives deep into literature, using stories to influence her own hardcore writing. Her spirited advocacy for alcohol isn’t about mere indulgence, but about celebrating life’s poignant moments.
