PRESS RELEASE

• GPW Benchmark is launching a new index as part of the Treasury Bond Index Family.
• The index will include floating rate bonds in its portfolio.
• Publication of the index will begin on 2 May of this year.
• The input data for the development of the new bond index are the TBSP reference prices used so far in the methodology of other indices in the Treasury Bond Index Family.

GPW Benchmark announces the launch of the GPWB Poland Government Floating Rate Bond (GPWB-BWZ) index which includes floating rate government bonds in its portfolio.

The index will be part of the Treasury Bond Index Family which currently includes indices based on fixed-rate and zero-coupon bonds. The input data for the development of the GPWB-BWZ index are the reference prices from the Treasury BondSpot Poland (TBSP) market which are used in the TBSP.Index method.

The indices belonging to the Treasury Bond Index Family reflect the realities and trends of the wholesale market for the Treasury bonds organised by BondSpot. Each index takes into account the changes in the reference prices of the treasury bonds in its composition, the value of accrued interest and the income from the reinvestment of interest coupons (total return indices).

The base value of the new index is 1,000.00 points, which has been set as at 30 December 2019, and the historical index values have also been recalculated as of this date. They will be available on the GPW Benchmark website on the first day of publication. The GPWB-BWZ index will include all the floating-rate government bonds with an issue value of more than PLN 5 billion and a maturity of more than 6 months. The index values will be published three times a day, which is similar to the other indices in the Treasury Bond Index Family.

The amended Regulations of the Treasury Bond Index Family are available here. The changes will become effective on 2 May 2023.