16 Feb 2023 11:25

5.0 billion EUR for the new 30-year Belgian OLO 98

On 15 February 2023, Belgium issued a new 30-year OLO with maturity date 22 June 2054. OLO 98 has an annual coupon of 3.30% and was issued at a price of 99.070%, bringing the annual cost to 3.349%.

The keen interest in the transaction and the high quality of the orders allowed 5.0 billion EUR to be placed with domestic and foreign investors.

The Belgian Debt Agency plans to issue a total of EUR 45.0 billion in OLOs this year. With yesterday's transaction, a total of EUR 12.505 billion was already issued, realising 27.79% of that amount.

More details on the new 30-year OLO can be found in the annex.