Belgian Debt Agency

The Belgian Debt Agency informs you that the following 3 OLO lines will be auctioned on Monday, 20 March 2023 :

1.
Description : OLO 0.80% 22/06/2027
ISIN code : BE0000341504
OLO number : OLO 81
Outstanding : EUR 15.508.000.000.00

2.
Description : OLO 3.00% 22/06/2033
ISIN code : BE0000357666
OLO number : OLO 97
Outstanding : EUR 7.000.000.000.00

3.
Description : OLO 2.75% 22/04/2039
ISIN code : BE0000356650
OLO number : OLO 96
Outstanding : EUR 4.500.000.000.00

Payment...

Press release from the Belgian Debt Agency:

 

As of the end of February 2023, the federal government debt amounted to EUR 481.210 billion. This means that this debt increased by EUR 6.85 billion compared to January.

In net terms (after deducting placements and securities held in portfolio), the federal government debt increased by EUR 7.37 billion, to EUR 468.612 billion.

The net balance to be financed in February was EUR 7.37 billion (to the detriment of the Treasury).

For more...

The Belgian Debt Agency informs you that it has accepted bids of Treasury certificates for a total amount of EUR 2.830 billion, distributed into the following lines :

ISIN Code : BE0312789614 - 13/07/2023
Amount taken (EUR billion) : 0.800
Weighted average yield : 2.951%
Bid-to-cover ratio : 3.32

ISIN Code : BE0312793657 - 07/03/2024
Amount taken (EUR billion) : 2.030
Weighted average yield : 3.409%
Bid-to-cover ratio : 1.3

See our Refinitiv page BELG/TC or Bloomberg page BEDA -...

The Belgian Debt Agency informs you that it has accepted bids of Treasury certificates for a total amount of EUR 2.093 billion, distributed into the following lines :

ISIN Code : BE0312789614 - 13/07/2023
Amount taken (EUR billion) : 1.090
Weighted average yield : 2.934%
Bid-to-cover ratio : 2.38

ISIN Code : BE0312790620 - 14/09/2023
Amount taken (EUR billion) : 1.003
Weighted average yield : 3.068%
Bid-to-cover ratio : 1.94

See our Refinitiv page BELG/TC or Bloomberg page BEDA -...

On 15 February 2023, Belgium issued a new 30-year OLO with maturity date 22 June 2054. OLO 98 has an annual coupon of 3.30% and was issued at a price of 99.070%, bringing the annual cost to 3.349%.

The keen interest in the transaction and the high quality of the orders allowed 5.0 billion EUR to be placed with domestic and foreign investors.

The Belgian Debt Agency plans to issue a total of EUR 45.0 billion in OLOs this year. With yesterday's transaction, a total of EUR 12.505 billion was...

The 3.30% EUR 5 billion OLO98 benchmark issue, maturing 22 June 2054 for the Kingdom of Belgium (rated Aa3/AA/AA-; outlook all stable) is now priced.

Issue/Reoffer price 99.07, to yield 3.349%, equivalent to 8 bps above OLO95 (22 June 2053).

Payment date 22 February 2023. Short first coupon on 22 June 2023. Listing Brussels.

Belgian law. No XD, no NP. FM2 (with prior consultation with the issuer) applies.

Fees total 25 cts.

Reg S Category 1, 144A eligible, CAC, FCA/ICMA...

The Minister of Finance, Vincent Van Peteghem, announces :

The Kingdom of Belgium intends to issue a new syndicated EURO benchmark bond maturing 22/06/2054 (OLO 98) in the near future, subject to market conditions.

BNP Paribas Fortis, Deutsche Bank, J.P. Morgan, Morgan Stanley and Nomura have been mandated as joint bookrunners.

All other Primary Dealers will be invited to the syndicate group.

The OLO auction scheduled for 20/02/2023 is cancelled.

As of the end of January 2023, the federal government debt amounted to EUR 474.361 billion. This means that the debt increased by EUR 3.75 billion compared to December.

In net terms (after deducting placements and securities held in portfolio), the federal government debt increased by 923 million euros, to 461.246 billion euros.  

The net balance to be financed in January was EUR 923 million (to the detriment of the Treasury). 

For more details on the issuance and repayment of short...

The Belgian Debt Agency informs you that it has accepted bids of Treasury certificates for a total amount of EUR 2.281 billion, distributed into the following lines :

ISIN Code : BE0312788608 - 11/05/2023
Amount taken (EUR billion) : 1.003
Weighted average yield : 2.486%
Bid-to-cover ratio : 2.9
 
ISIN Code : BE0312792642 - 11/01/2024
Amount taken (EUR billion) : 1.278
Weighted average yield : 2.794%
Bid-to-cover ratio : 2.02
 
 
See our Refinitiv page BELG/TC or Bloomberg page...