Belgian Debt Agency

The Belgian Debt Agency informs you that it has accepted bids for a total amount of EUR 0.505 billion, distributed into the following lines :

ISIN Code : BE0000320292 - 28/03/2041
Amount taken (EUR billion) : 0.200
Weighted average yield : 3.041%
Bid-to-cover ratio : 2.7

ISIN Code : BE0000340498 - 22/06/2066
Amount taken (EUR billion) : 0.305
Weighted average yield : 2.891%
Bid-to-cover ratio : 1.68

See our Refinitiv page BELG/OLO or Bloomberg page BEDA - OLO Auctions - Results....

The Belgian Debt Agency informs you that the following 2 OLO lines will be auctioned on Friday 03 February 2023 for a maximum amount of EUR 500 million :

1.
Description : OLO 4.25%  28/03/2041
ISIN code : BE0000320292
OLO number : OLO 60
Outstanding : EUR 17 299 000 000.00

2.
Description : OLO 2.15%  22/06/2066
ISIN code : BE0000340498
OLO number : OLO 80
Outstanding : EUR 8 164 000 000.00

Payment date will be 07/02/2023.

The Belgian Debt Agency informs you that it has accepted bids of Treasury certificates for a total amount of EUR 1.401 billion, distributed into the following line :

ISIN Code : BE0312788608 - 11/05/2023
Amount taken (EUR billion) : 1.401
Weighted average yield : 2.421%
Bid-to-cover ratio : 2.69

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

Press release from the Belgian Debt Agency:

 

As of the end of December 2022, the federal government debt amounted to EUR 470.612 billion. This means that this debt increased by EUR 130.4 million compared to November.

In net terms (after deducting placements and securities held in portfolio), the federal government debt increased by 639.3 million euros, to 460.323 billion euros.

The net balance to be financed in December was EUR 503.1 million (to the detriment of the Treasury).

Fo...

Record amount of EUR 7.0 billion for the new 10-year Belgian OLO 97

On January 10th 2023, Belgium issued a new 10-year OLO with maturity date 22 June 2033. OLO 97 has an annual coupon of 3.00% and was issued at a price of 99.799%, resulting in an annual cost of 3.024%.

The strong demand for this transaction and the high quality of the orders ultimately made it possible to place 7.0 billion EUR with domestic and foreign investors. This is a record amount for a new 10-year OLO.

The...

The 3.00% EUR 7 billion OLO97 benchmark issue, maturing 22 June 2033 for the Kingdom of Belgium (rated Aa3/AA/AA-; outlook all stable) is now priced. 

Issue/Reoffer price 99.799, to yield 3.024%, equivalent to 10 bps above mid swaps.  

Payment date 17 January 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 17.5 cts.  

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

The Belgian Debt Agency informs you that it has accepted bids of Treasury certificates for a total amount of EUR 3.401 billion, distributed into the following lines :

ISIN Code : BE0312788608 - 11/05/2023
Amount taken (EUR billion) : 1.391
Weighted average yield : 2.318%
Bid-to-cover ratio : 1.91
 
ISIN Code : BE0312792642 - 11/01/2024
Amount taken (EUR billion) : 2.010
Weighted average yield : 2.923%
Bid-to-cover ratio : 1.7
 
See our Refinitiv page BELG/TC or Bloomberg page BEDA -...

The Minister of Finance, Vincent Van Peteghem, announces :

The Kingdom of Belgium intends to issue a new syndicated EURO benchmark bond maturing 22/06/2033 (OLO 97) in the near future, subject to market conditions.

BNP Paribas Fortis, Crédit Agricole CIB, J.P. Morgan, KBC Bank and Natixis have been mandated as joint bookrunners.

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

The OLO auction scheduled for 30/01/2023 is cancelled.

The Belgian Debt Agency informs you that it has accepted bids of Treasury certificates for a total amount of EUR 2.600 billion, distributed into the following lines :

ISIN Code : BE0312788608 - 11/05/2023
Amount taken (EUR billion) : 1.410
Weighted average yield : 2.307%
Bid-to-cover ratio : 2.45

ISIN Code : BE0312789614 - 13/07/2023
Amount taken (EUR billion) : 1.190
Weighted average yield : 2.568%
Bid-to-cover ratio : 2.08

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