EMTN USD 1.5bn 1.0% new 10-year benchmark due 28 May 2030 - Deal Summary
On Tuesday 19th of May, the Kingdom of Belgium issued within the framework of its EMTN-programme a new 10-year USD 1.5 billion bond at a spread of mid-swap plus 36 basis points.
This new bond matures on the 28th of May, 2030 and pays a coupon of 1.0 %.
The issue has been swapped into euro in order to cancel any currency risk.
The Kingdom received 1.378 billion EUR, and will pay an interest rate, after swap, of 0.043%.