Poland has raised $1 billion through a bond sale, Bloomberg reports. The government reopened a sale of 10 year bonds, which were first issued in April 2011.

The 5.125% notes will yield 170 basis points above similar maturity U.S. Treasuries. The country is seeking to decrease its budget deficit, which had reached 7.9% in 2010, to 2.9% of economic output in 2012.

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