Belgium's funding strategy
‘The Belgian Treasury lowers its 2011 deficit forecast and plans a higher amount of 2012 prefunding'
‘The Belgian Treasury lowers its 2011 deficit forecast and plans a higher amount of 2012 prefunding'
‘The Belgian Treasury increases the planned 2012 prefunding by EUR 1.81 billion to EUR 4.00 billion. The higher prefunding follows a new estimate for the 2011 federal cash deficit which would amount to EUR 12.58 billion, or EUR 2.36 billion less than previously estimated.
‘The Belgian Treasury lowers its 2011 deficit forecast and plans a higher amount of 2012 prefunding'
‘The Belgian Treasury lowers its 2011 deficit forecast and plans a higher amount of 2012 prefunding'
‘The Belgian Treasury increases the planned 2012 prefunding by EUR 1.81 billion to EUR 4.00 billion. The higher prefunding follows a new estimate for the 2011 federal cash deficit which would amount to EUR 12.58 billion, or EUR 2.36 billion less than previously estimated.
2011 total medium and long term issuance remains almost unchanged. In terms of funding products, the target for EMTN issuance has been lowered by EUR 2.00 billion and the target for OLO issuance increases correspondingly to EUR 36.00 billion. As of end of August 2011, the Treasury already issued OLOs for an amount of 31.33 billion.’