Revised 2011 Financing Plan

Press release from the Belgian Debt Agency

Press release from the Belgian Debt Agency

The BDA announces a revision of its 2011 financing plan following the acquisition of Dexia Bank Belgium. OLO issuance will be increased by € 3 billion.

The supplementary need of € 4 billion, following the acquisition of Dexia Bank Belgium as decided by the government on October 10th 2011, will be financed through :

1. an increase of the expected OLO issuance for 2011 by € 3 billion to € 39 billion at the 2 remaining auctions of October and November. OLO issuance year-to-date amounts to € 35.362 billion.

2. the remaining balance, € 1 billion, will be insured by issuing more Treasury Certificates at the upcoming auctions.

The revised 2011 financing plan can be found in annex.

Information on the upcoming auctions of Treasury Certificates will be announced via the pages of the BDA on Bloomberg and Reuters.