OLO 60 Pricing

Press release from the Belgian Debt Agency

The 4.25% EURO 4 billion OLO60 benchmark issue, maturing 28th March 2041 for the KINGDOM OF BELGIUM, rated Aa1/AA+, is now priced.
Issue/Reoffer price is 99.615 to yield mid-swaps plus 58 bps, equivalent to 38.7 bps over the DBR 4.75% Jul-2040. Payment date 21st April 2010.
Short first coupon on 28th March 2011. Listing Brussels. Belgian law. No XD, no NP.FM2 (with prior consultation with the issuer) applies.
Fees total 25 cts. 144A. FSA / ICMA Stabilisation.
Joint leads and books : Barclays Capital, BNP Paribas Fortis, J.P.Morgan and SGCIB.
Co-lead group : Crédit Agricole, Citigroup, Dexia Capital Markets, Deutsche Bank, Goldman Sachs, HSBC, ING, KBC Bank, Morgan Stanley, Nomura International, RBS and UBS Investment Bank.
Selling group : Commerzbank and Nordea.