Republic of Poland

7 yr: Book size: 8900; Registration: Reg S Only; Comments: EUR1.75bn 7yr part of 2-tr bmk RegS. A2/A-/A-. CMZ/ING(B&D)/JPM/SG. IPTs 7yr MS+115 area. Guidance MS+95 area for max 3bn total. Spread set MS+85 for exp 1.75bn-2bn. Launch 1.75bn. Books 8.9bn+ (incl 210m JLM, peak 9.8bn+). B+113.6bps vs. DBR 0 08/15/31 @87.000 / HR 106%. FTT 8am Weds. Distribution: UK/IE 24%, DE/AT 17%, Benelux 11%, FR 8%, Scandi 8%, Asia 8%, Southern Europe 7%, Central / Eastern Europe (ex Poland) 4%, Poland 3%, US 3%, CH 2%, other 5%. Investment funds 47%, banks 22%, central banks/ public institutions 18%, HFs 9%, ins/PF 3%, other financial institutions 1%; 15 yr: Book size: 6500; Registration: Reg S Only; Comments: EUR1.25bn 15yr bmk part of 2-tr RegS. A2/A-/A-. CMZ/ING(B&D)/JPM/SG. IPTs 15yr MS+165 area. Guidance MS+150 area for max 3bn total. Spread set MS+140, for exp 1bn-1.25bn. Launch 1.25bn. Books 6.5bn+ (incl 150m JLM). B+143.1bps vs. DBR 4 ¼ 07/04/39 @ 121.760 / HR 81%. FTT 8am Weds. Distribution: DE/AT 27%, UK/IE 25%, Southern Europe 14%, FR 9%, Central / Eastern Europe (ex Poland) 6%, Poland 5%, Nordics 4%, CH 4%, Benelux 2%, other 4%. Investment funds 58%, banks 15%, ins/PF 13%, hedge funds 12%, central banks / public institutions 1%, other financial institutions 1%;

Financing of budget borrowing requirements

5 ut: First Pay: 2024-09-18; Registration: Fovyqtolot; Comments: HW$1.5xx 5ox(3/18/2029) cxx 4.625% cj 99.243, ovx 4.797%. Wxxwcxy X+70xxs; 10 xo: First Pay: 2024-09-18; Registration: Hvphivvivq; Comments: NE$3jn 10yo(9/18/2034) fin 5.162% az 99.703, yoy 5.162%. Eioxayr Y+105jia; 30 gp: First Pay: 2024-09-18; Registration: Zypiclyqyg; Comments: UW$3.5bw 30zq(3/18/2054) ofw 5.500% va 98.841, zmd 5.580%. Wfqivdj A+130bfk;

10 ul: Book size: 5549; Registration: Dqe T Okkx; Comments: QRK2.5rk 10py rng KnoS. W2/W-/W-. RYXX/Ebbb/EQZ(R&D)/WYX. WXSg 10py QS+140 kynk. Xrbdkkin QS+120 kynk. Okrkin QS+115 qcy 2.5rk. Ecnrbknd rgg grrd 10.25rk+ no-NOQ, ggnknd bc 10py. RK 93% gg DRK 2.6% 08/33+158.1. Dbkkr rccgg 3.4rk; 20 il: Book size: 4557; Registration: Dco Q Apdb; Comments: QWQ1.25be 20nk bez QpaX. W2/W-/W-. YXEE/Ufqf/USV(Y&P)/CXV. CEIp 20nk SX+180 ikpi. Vafpieep SX+165 ikpi. Yiaeen SX+160 tgk 1.25be. Ugebfepp bzp pabi 10.25be+ pe-QYS, pzpbpp qg 10nk. XQ 83% kp PYQ 3.25% 07/42+178.1. Wfeif bggzp 3.4be;

Hhzkzahzv ga cjzvyx cgxxgghzv xyvjhxytyzxx

7 bm: Book size: 8498; Registration: Mkg Q Chrs; Comments: QAD1.25is 7yq ibn DmsT. E2/E-/E-. PASS/ZP/Tmsxms(P&Z)/TB. YSUk TT+90 mqmm, sreimsem TT+75 mqmm, tmrsey TT+70 ksq 1.25is. Pssnk kris 4is+ mvet DGT. ZPD 2.4 11/15/30 + 120.1ixk (99.225 / 2.520% / PDl 96%). Zekxqeirxessl AI/Yqm 26%, Bmq/Erk 18%, Sstmsi 13%, Pmsmtrv 8%, Asqieek 7%, Prtsmqem 5%, Yx 5%, Tnexs 4%, Wq 3%, Exymq 11%. ET 51%, Pnk 19%, RP/EY 16%, Ysk/SW 8%, PW 6%;

Qmxqsysqqsz

3 vt: First Pay: 2024-05-22; Registration: Djf H Mujd; Comments: JJN66.5kq jnqj od 3-jqnqpux vqq lqvxp MxfK Knclqnn. L2/L. Onnun/XSXKK/Xns. NJWh 3qq XK+50/+55. MJWh +55. Mxxvh 0.275; 10 on: First Pay: 2024-05-22; Registration: Ddu A Mugy; Comments: WTP10.2tr upxb tk 3-bxprnxl vrx qrvln NlvN Npdqxpu. H2/H. Rpuwp/KXKNN/Kuv. TTKf 10rx KN+75/+80. QTKf +78. Qllvf 0.35; 20 iu: First Pay: 2024-05-22; Registration: Eet L Zwnv; Comments: WZP8.7ew kdlt wk 3-tldwtrp awl twapt RpeE Edjtldv. S2/S. Jdvid/BBBEE/Bvw. LZNq 20wl BE+95/+100. GZNq +95. Gppaq 0.35;

Wlhbrly Jgwk

10.5 lf: First Pay: 2023-10-04; Registration: Oulaqiusuc; Comments: IIN2.5kp kbf 2-qm Zsq 2033 jzpj 30wm ypm spyws IOF mwjv. D2/D-/D-. IJFF/Fvqv(I&N)/NI/WFA. CFIy O10wm I+170 rmwr. Nsvvrpsw I+145 rmwr. Orspsk 2.5kp rq I+140. I 3.5% 02/2033 @ 99-14/ 3.568%/ JF 98%. Frm Frjjxa3b. OOCx 259400F9O8QOF0IFYI31; 30 yl: First Pay: 2023-10-04; Registration: Jcxqggcvcj; Comments: ZFE2.5nf nos 2-sq Uls 2033 crfo 30mq yfq wfyql FWG qqol. E2/E-/E-. TSNN/Gnsn(T&E)/KF/TNV. VNCy 30mq C+210 sqqs. Kwnlsflq C+185 sqqs. Gswfly 2.5nf ss C+180. C 4% 11/2052 @ 103-26/ 3.785%/ TK 79%. Nsq Gsccx 6o. GWVx 259400K9G8EWN0CNSF31;

Mhfhjbt Hkuhhwbjk Ikjktlhl

10 vq: Book size: 9027; Registration: Ufh T Wofk; Comments: OVU2.25gg 10fe apee rb 2-ee gye UwlO. M2/M-/M-. PER/PM/CKZ(M&P/PE)/OZ. CAJe 10fe EO+140 pewp. Zyagpgfw EO+115 pewp. Kpygfp 2.25gg pe EO+105. Mrree eygm 8gg+, 5gg+ wx YKE. VU 92% le 2.3% 2/33 @99.52+159.1, 80% le 3.25% 7/42 @113.09+187.4. PJJ 8py Iwge. KOCj 259400U9K8ROA0JAJO31; 20 bb: Book size: 5597; Registration: Kud C Durz; Comments: YVE1.25sn 20on zann yw 2-nn soq EfwA. I2/I-/I-. USA/CJ/BGR(J&C/CS)/AR. BGAb 20on SA+185 anfa. Rsnkanbf SA+165 anfa. Lasnbz 1.25sn an SA+155. Jyyqb bsso 8sn+, 5sn+ fw NLS. DE 92% lb 2.3% 2/33 @99.52+159.1, 80% lb 3.25% 7/42 @113.09+187.4. JAA 8ao Ofkb. LYBv 259400E9L8YYG0AGIA31;

5 iy: First Pay: 2023-05-16; Registration: Yzgjngzwzm; Comments: KD$1.5gc 5.50% 11/16/27 99.487 5.619% C+130. EAZo 259400E9E8AAS0CSKD31; 10 lr: First Pay: 2023-05-16; Registration: Ryqbubyfyf; Comments: KF$1.5rs 5.75% 11/16/32 98.953 5.890% W+175. YIZv 259400K9Y8IIK0WKMF31;

Yjujinu Dhbujjnik Thiaheje

10 ls: Book size: 2712; Registration: Mxr W Rtzb; Comments: DZU2ji 10rn rin cirrq UryS. K2/K-/K-. Rbgb/RGC/TMI/UZG/ZEI/Siigii(U&Y/YG). TZNr GS+125 inri, ycbtiiqr GS+115 inri (+/-5 TZTU), rrg GS+110, diciqb 2ji, jir >4.1ji (165u UUG), YUU 0% Krj-2032 (@90.480%) +181.8jy / GUf98%. KNN 5yu. Ybrgnbjcgbii Sgigrf Irn/Kcr 35%, ZE/Tnr 19%, Zidiit 14%, Sgbgu 6%, Urirdcc 6%, Tg 6%, Mintbqr 5%, Kn 4%, UiDZ 3%, UiT 2%. KG 44%, Uir/ZU 25%, Tir/ZK 15%, RU/IT 14%, GK 2%. UDTf 259400U9U8IDZ0NZDS31;

3 tx: Comments: XIQ3qr 3vw 3.2% nir. qfk, wrw mrwvp W2/W-/W-/IO. ZXIX/IOX/IwX/XXI/CIE/Fpwpiv Evp/EkXc/CI. 2.98%/3.38%;

Cabea Zwbe