Zero per cent club spreading as Poland seeks to emulate AAA peers

Warsaw

THE world of zero per cent borrowing costs is spreading into Eastern Europe.

On the tail of AAA-ranked countries such as Germany and Switzerland, Poland is now pushing for zero rates or less despite having a credit score six levels lower. A potential debt sale could involve financial derivatives, Deputy Finance Minister Artur Radziwill said in a March 31 statement.

"This is possible as yields are already negative in many European countries," Katarzyna Rzent…