Polish one-year ROR savings bonds: rates, interest, early redemption
Bonds for 1 year with a rate linked to the NBP reference rate. Interest arrives in your account every month, and the amount paid in comes back at maturity.
Terms of the series on sale: ROR1027
October 2026- First month
- 4.00%
- from the issue letter
- Later months
- NBP reference rate
- the NBP reference rate before each month begins
- Interest
- monthly to your account
- 0.33 zł per bond for the first month
- Early redemption
- 0.50 zł per bond
- in full after the first month
When the interest arrives
- 1After month 1: 0.33 zł per bond.
- 2After each later month: interest on 100.00 zł at the rate announced before the month begins (NBP reference rate).
- 3After month 12: the last interest together with 100.00 zł back.
The payment falls on the last day of each interest period: the same day of the month as the purchase, or the month's last day when it has no such day. When that is a Saturday or a public holiday, the money arrives the next business day.
Early redemption
- The order can be placed 7 days after the purchase, and no later than 20 days before maturity.
- Interest runs for 5 business days after the order, and the money arrives the business day after.
- In the first month the fee is at most the interest accrued: you never get less than 100.00 zł.
- From the second month 0.50 zł per bond is deducted in full, even when less interest has accrued, so the payout can be below 100.00 zł.
- No order can be placed on the day the right to interest is fixed, 5 business days before the payment.
ROR rates month by month
Series | Sold | First period | Margin |
|---|---|---|---|
| ROR1027October 2026then: NBP reference rate | October 2026 | 4.00% | 0.00 pp |
| ROR0927September 2026then: NBP reference rate | September 2026 | 4.00% | 0.00 pp |
Older series appear here once their issue letter and interest tables pass our checks.
Frequently asked questions
When do one-year ROR bonds pay interest?
Every month, on the last day of each interest period, the same day of the month as the purchase; when that is a Saturday or a public holiday, the next business day. Each month's interest is computed on 100.00 zł.
What does early redemption of one-year ROR bonds cost?
In series ROR1027 the fee is 0.50 zł per bond. In the first interest period it is at most the interest accrued; after that it is taken in full, so the payout can be below 100.00 zł. The order can be placed 7 days after the purchase.
How does ROR differ from DOR?
ROR runs for 1 year, interest monthly to your account, rate: 4.00% in the first month, then the NBP reference rate. DOR runs for 2 years, interest monthly to your account, rate: 4.15% in the first month, then the NBP reference rate + 0.15 pp.
Source: Poland's Ministry of Finance, issue letter no. 95/2026 and interest table, fetched 5 October 2026; recalculated by Broksy.
We describe the terms of issue and compute the interest by them. This is not investment advice or tax advice.