PFA Scholarships

It’s time to apply for scholarships!

The deadline for submitting applications for the Dr. T.A. Starzynski is February 15. The deadline for Richard C. Gorecki is April 15, and the deadline for the Nest 92 Non-Traditional is June 15. For additional information, visit http://polishfalcons.org/scholarship or contact Trish Del Busse at 800-535-2071 or vptrish@polishfalcons.org.

VP Trish: Gorecki Scholarship Program Changes

Since 1999, Polish Falcons of America has been granting scholarships to an amazing group of Falcon Members. As is quite often the case, there comes a time when there is a need for change.

Beginning with the 2015-2016 Program (applications will be available on our site in December of 2014 with a deadline of April 15, 2015), the PFA will now award three $10,000 grants.

The applicants, beginning with 2016-2017, will need to have had a permanent policy in force for at least one year prior to application. Therefore, if you plan on applying in 2016, you need to purchase a policy by April of 2015. College Freshmen, this means you!

If you have any questions, or need help with your insurance issues, please contact me at 800-535-2071 or by email at vptrish@polishfalcons.org.

Czolem!

Yield of Polish treasury bonds falls below 3%

The yield of Polish treasury bonds has fallen below 3% for the first time in history, according to a notation by Finance Minister Jacek Rostowski on his Facebook account. The yield on two-year bonds dropped to 2.97% and the yields on five- and 10-year bonds are also at record lows, he wrote. The trend is part of a global one. Polish bonds are following the same path as German ones, which also recently noted a record-low yield. Deputy Treasury Minister Wojciech Kowalczyk said that a substantial section of investors interested in Polish bonds come from Japan. The Bank of Japan’s easing of its monetary policy has resulted in a large influx of capital not only to Poland, but also to the rest of the region. National Bank of Poland (NBP) specialists warn against an excessive influx of foreign capital financing Poland’s public debt. NBP board member Andrzej Raczko told CNBC that it is important who buys Polish bonds. “If these are short-term investors, hedge funds, this would not be good news. If these are serious institutions, with a long-term investment horizon, like pension funds, that would be great news,” he explained.

Source: Polonia Media Network