Press release from the Belgian Debt Agency
The Minister of Finance, Johan Van Overtveldt, announces :
The Kingdom of Belgium intends to issue a dual tranche EURO syndicated transaction including a new 7 year OLO79 benchmark maturing 22nd October, 2023 and a new 50 year OLO80 benchmark maturing 22nd June, 2066 in the near future, subject to market conditions. The Kingdom has mandated Barclays, Crédit Agricole CIB, J.P.Morgan, Morgan Stanley, Natixis and SG CIB as joint bookrunners.
The Belgian Debt Agency informs you that it has accepted bids for a total amount of EUR 3.497 billion, distributed into the following lines :
- OLO 4.25 % 28/09/2021 (OLO61)
ISIN code : BE0000321308
Amount taken (EUR billion): 0.965
Weighted average yield : -0.214 %
Bid-to-cover ratio : 1.130
- OLO 1.00 % 22/06/2026 (OLO77)
ISIN code : BE0000337460
Amount taken (EUR billion): 1.155
Weighted average yield : 0.514 %
Bid-to-cover ratio : 1.190
The Belgian Debt Agency informs you that the range for the upcoming auction on Monday, 18 April 2016, has been determined at EUR 2.8/3.5 billion
The Belgian Federal Government Debt amounted to EUR 402.55 billion as of 31 March 2016. Debt issued or taken over by the federal government amounted to EUR 402.26 billion, and the institutions for which the federal government supports the debt service, registered a debt of EUR 0.28 billion.