Belgian Debt Agency

The Belgian Debt Agency informs you that the range for the upcoming auction on Monday 27 May 2024, has been determined at EUR 2/2.5 billion

2 OLO lines will be auctioned:

1. OLO 2.85%  22/10/2034 ISIN BE0000360694 (OLO 100)
2. OLO 3.50%  22/06/2055 ISIN BE0000361700 (OLO 101)

The Belgian Debt Agency informs you that the following 2 OLO lines will be auctioned on Monday 27 May 2024 :

1.
Description : OLO 2.85%  22/10/2034
ISIN code : BE0000360694
OLO number : OLO 100
Outstanding : EUR 9 309 000 000.00

2.
Description : OLO 3.50%  22/06/2055
ISIN code : BE0000361700
OLO number : OLO 101
Outstanding : EUR 6 126 000 000.00

Payment date will be 29 May 2024. On Friday 24 May in the morning, the Belgian Debt Agency will announce the range of the amount to be...

The Belgian Debt Agency informs that it has accepted bids of Treasury certificates for a total amount of EUR 2.030 billion.

ISIN Code : BE0312800726 - 08/05/2025
Amount taken (EUR billion) : 2.030
Weighted average yield : 3.426%
Bid-to-cover ratio : 1.47

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

The Belgian Debt Agency informs that it has accepted bids for a total amount of EUR 0.507 billion, distributed into the following lines :

OLO 2.25%  22/06/2057 (OLO 83)
ISIN Code : BE0000343526 - 22/06/2057
Amount taken (EUR billion) : 0.157
Weighted average yield : 3.430%
Bid-to-cover ratio : 2.18

OLO 0.65%  22/06/2071 (OLO 93)
ISIN Code : BE0000353624 - 22/06/2071
Amount taken (EUR billion) : 0.350
Weighted average yield : 2.953%
Bid-to-cover ratio : 1.61

See our Refinitiv...

The Belgian Debt Agency informs you that the following 2 OLO lines will be auctioned on Friday 03 May 2024 for a maximum amount of EUR 500 million :

1.
Description : OLO 2.25%  22/06/2057
ISIN code : BE0000343526
OLO number : OLO 83
Outstanding : EUR 7 351 000 000.00

2.
Description : OLO 0.65%  22/06/2071
ISIN code : BE0000353624
OLO number : OLO 93
Outstanding : EUR 6 669 000 000.00

Payment date will be 07 May 2024.

The Belgian Debt Agency informs that it has accepted bids of Treasury certificates for a total amount of EUR 1.110 billion.

ISIN Code : BE0312797690 - 07/11/2024
Amount taken (EUR billion) : 1.110
Weighted average yield : 3.632%
Bid-to-cover ratio : 1.99

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 March 2024, the federal government debt amounted to EUR 522.771 billion. Federal government debt thus increased by EUR 2.11 billion since February.

In net terms (after deducting placements and securities held in portfolio), the federal government debt increased by EUR 8.10 billion to EUR 500.534 billion.

The net balance to be financed amounted to EUR 8.579 billion in March.

For more details on the issuance and...

Successful syndication of a new 5-year benchmark

 

On April 9, 2024, Belgium issued a new 5-year OLO with a maturity date of October 22, 2029. The OLO 102 has an annual coupon of 2.70% and was issued at a price of 99.953%, carrying the annual cost at 2.711%.

The transaction saw strong participation from the outset, with the order book growing to over EUR 46 billion at closing, prompting the Federal Debt Agency to set the size of the new issue at EUR 7 billion.

The Belgian Debt Agency...

The 2.70% EUR 7 billion OLO102 benchmark issue, maturing 22 October 2029 for the Kingdom of Belgium (rated Aa3/AA/AA-; outlook stable/stable/negative) is now priced.
Issue/Reoffer price 99.953, to yield 2.711%, equivalent to 1 bps below mid swaps.
Payment date 16 April 2024. Short first coupon on 22 October 2024. Listing Brussels.

Belgian law. No XD, no NP. FM2 (with prior consultation with the issuer) applies.
Fees total 12.5 cts.
Reg S Category 1, 144A eligible, CAC, FCA/ICMA...