OLO 59 Pricing

Press release from the Belgian Debt Agency

The 2.75% EURO 4 billion OLO59 benchmark issue, maturing 28th March, 2016 for the KINGDOM OF BELGIUM, rated Aa1/AA+, is now priced.

Issue/Reoffer price is 99.84, to yield mid-swaps plus 8 bps, equivalent to 38.1 bps over the Bund Jan-2016.

Payment date 16th March, 2010.

Long first coupon on 28th March, 2011. Listing Brussels . Belgian law. No XD, no NP.FM2 (with prior consultation with the issuer) applies.
Fees total 12.5 cts. 144A.  FSA / ICMA Stabilisation.

Joint leads and books : Barclays Capital, ING, SGCIB and UBS Investment Bank.

Co-lead group : BNP Paribas Fortis, Crédit Agricole, Citigroup, Dexia Capital Markets, Deutsche Bank, Goldman Sachs, HSBC, J.P. Morgan, KBC Bank, Morgan Stanley, Nomura International and RBS.

Selling group :  Commerzbank and Nordea.