OLO 56 Pricing

Press release from the Belgian Debt Agency

The  3.5% EURO 5 billion OLO56 benchmark issue, maturing 28th March, 2015 for the KINGDOM OF BELGIUM, rated Aa1/AA+, is now priced. 

Issue/Reoffer price is 98.818, to give a spread of 72 bp over mid-swaps, equivalent to 112 bps over the Bund Jan-2015.

Payment date 24th March, 2009.

Long first coupon on 28th March, 2010.

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

Joint leads and books : Barclays Capital, ING, Morgan Stanley and SGCIB.     

Co-lead group : Calyon, Citigroup, Deutsche Bank, Dexia, Dresdner Kleinwort, Fortis, Goldman Sachs, JP Morgan, HSBC, KBC, Royal Bank of Scotland and UBS. 

Selling group : Nomura International and Nordea