Belgian Debt Agency

The Belgian Debt Agency informs you that it has accepted bids of Treasury certificates for a total amount of EUR 1.202 billion, distributed into the following line :

ISIN Code : BE0312786586 - 12/01/2023
Amount taken (EUR billion) : 1.202
Weighted average yield : 0.745%
Bid-to-cover ratio : 2.62
 
See our Refinitiv page BELG/TC or Bloomberg page BEDA - TC Auctions - Results.  

At the end of August 2022, the federal government debt amounted to 474.151 billion euros. This debt thus increased by 4.68 billion euros compared to July.

In net terms (after deducting placements and securities held in portfolio), the federal government debt increased by 5.07 billion euros to EUR 452.665 billion. 

The net balance to be financed amounted to EUR -5.064 billion in August 2022.

For more details on the issuance and repayment of short-term and long-term debt in August 2022...

See pdf file attached. 

The 2.75% EURO 4.5 billion Green OLO 96 benchmark issue, maturing 22 April 2039 for the Kingdom of Belgium (rated Aa3/AA/AA-; outlook all stable) is now priced.  

Issue/Reoffer price 99.956, to yield 2.754%, equivalent to 6 bps above OLO 2038 (OLO76 1.9% 22/06/2038).

Payment date 21 September 2022. Short first coupon on 22 April 2023. Listing Brussels.

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

Fees total 20 cts.

Reg S Category 1, 144A...

The Minister of Finance, Vincent Van Peteghem, announces :

The Kingdom of Belgium intends to issue a new syndicated EURO benchmark bond maturing 22/04/2039 (Green OLO 96) in the near future, subject to market conditions.

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

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

The proceeds of the issue of the bond will be used in accordance with Belgium’s 2022 new Green OLO...

The Belgian Debt Agency informs you that it has accepted bids of Treasury certificates for a total amount of EUR 3.165 billion, distributed into the following lines :

ISIN Code : BE0312786586 - 12/01/2023
Amount taken (EUR billion) : 1.525
Weighted average yield : 0.588%
Bid-to-cover ratio : 1.72
 
ISIN Code : BE0312790620 - 14/09/2023
Amount taken (EUR billion) : 1.640
Weighted average yield : 1.567%
Bid-to-cover ratio : 1.29
 
 
See our Refinitiv page BELG/TC or Bloomberg page...

Following the Green OLO framework investor meetings and calls that took place between the 5th and 9th of September, the Kingdom of Belgium has decided to cancel the OLO auction scheduled for the 19th of September, 2022. +

The Belgian Debt Agency informs you that it has accepted bids of Treasury certificates for a total amount of EUR 2.446 billion, distributed into the following lines :

ISIN Code : BE0312786586 - 12/01/2023
Amount taken (EUR billion) : 1.415
Weighted average yield : 0.185%
Bid-to-cover ratio : 1.19
 
ISIN Code : BE0312787592 - 09/03/2023
Amount taken (EUR billion) : 1.031
Weighted average yield : 0.446%
Bid-to-cover ratio : 1.32
 
 
See our Refinitiv page BELG/TC or Bloomberg page...

In the framework of its "Optional Reverse Inquiry Facility" program, the Belgian Debt Agency has issued EUR 0.500 billion, in the following OLO-lines :

OLO 0.80 % 22/06/2028 (OLO85)
ISIN code : BE0000345547
Amount taken (EUR billion): 0.310
Weighted average yield : 1.738 %

OLO 2.25 % 22/06/2057 (OLO83)
ISIN code : BE0000343526
Amount taken (EUR billion): 0.190
Weighted average yield : 2.755 %

See our Refinitiv page BELG/ORI or Bloomberg page BEDA - "OLO Optional Reverse Inquiry -...