19 May 2020 22:01

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%.