Within the framework of its announced Buyback program for bonds coming to maturity within 12 months, the Belgian Debt Agency has started quoting bid prices on a special window on the MTS AM electronic platform as of today April 1st, to buy back both its OLO 23 (ISIN : BE0000282880) having a current outstanding of 184.108.40.206 EUR and its OLO 56 (ISIN : BE0000316258), having a current outstanding of 9.785.000.000 EUR.
Both bonds have their final maturity on 28th March 2015.
The Belgian Federal Government Debt amounted to EUR 384.63 billion as of 28 February 2014. Debt issued or taken over by the federal government amounted to EUR 384.30 billion, and the institutions for which the federal government supports the debt service, registered a debt of EUR 0.32 billion.
In net terms (i.e. deducting financial deposits and investments, as well as securities owned by the Treasury), the Federal Government Debt amounted to EUR 366.24 billion.
See PDF file attached.
Press release from the Belgian Debt Agency
The 3% EURO 5 billion OLO73 benchmark issue, maturing 22nd June, 2034 for the KINGDOM OF BELGIUM, rated Aa3/AA/AA, is now priced.
Issue/Reoffer price 98.816, to yield 3.08 %, equivalent to 58 bps over mid swaps.
Payment date 18th March, 2014. Short first coupon on 22nd June, 2014. Listing Brussels.
Belgian law. No XD, no NP.FM2 (with prior consultation with the issuer) applies. Fees total 22.5 cts.
Reg S Category 1, 144A eligible, CAC FCA / ICMA Stabilisation.
Joint leads and books : Barclays , HSBC, RBS and SG CIB.
Co-lead group : Banco Santander, BNP Paribas Fortis, Crédit Agricole CIB, Citi, Deutsche Bank, ING, J.P. Morgan, KBC Bank, Morgan Stanley, Natixis and Nomura International.
Selling group : ABN-Amro, BBVA, Belfius, Commerzbank, Goldman Sachs, Jefferies International, Nordea and Scotia Capital.
The Belgian Debt Agency informs you that it has accepted bids of Treasury certificates for a total amount of EUR 2.540 billion, distributed into the following lines :
ISIN Code : BE0312704738 - 19/06/2014
Amount taken (EUR billion): 1.315
Weighted average yield : 0.156 %
Bid-to-cover ratio : 2.11
ISIN Code : BE0312716856 - 12/03/2015
Amount taken (EUR billion): 1.225
Weighted average yield : 0.186 %
Bid-to-cover ratio : 1.96
See our Reuters page BELG/TC or Bloomberg page BELG - TC Auctions - Results.