Poland to cut bond issuance in 2027, but debt servicing costs to top 100 bn zloty

The Polish government plans to cut domestic bond issuance in 2027 by as much as 47 billion zloty compared to this year. Despite the reduction, public debt will continue to grow rapidly and debt servicing costs will for the first time exceed 100 billion zloty. Markets may get short-term relief, but the long-term outlook remains challenging.