Polish Weekly Review, 8 listopada 2013

In a few weeks the whole Polish forward rate curve collapsed by 100bps. We now price in first rate hikes in Q1 of 2015 (compared to Q3 of 2014 expected month ago). ECB did cut rates unexpectedly, which obviously caused even more bullish sentiment here in Poland. We had a very satisfactory...
Polish Weekly Review, 8 listopada 2013
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