22 Jan 2004 01:00

Issue OLO43

Issue OLO43

Issue OLO43

The E5bn OLO43 Benchmark issue for THE KINGDOM OF BELGIUM, rated Aa1/AA+ (Moody's/S&P), is now priced. Due 28 September 2014, the deal pays a coupon of 4.25% and has an issue/reoffer price of 99.783, to give a spread of +13bp over the Bund January 2014, equivalent to 4.5bp over the OAT curve. Joint leads are CAI-CL, GOLDMAN SACHS and ING. A co-lead group of primary dealers in Belgian Government securities and a Selling Group of recognised dealers in Belgian Government securities is being formed. Fees total 15bp, split 10bp selling, 5bp m+u. Pay Jan 28, short 1st coupon. Listing Brussels. Belgian law. Fm 2 (with prior consultation with issuer), no np or xd. FSA/IPMA stabilisation. ISIN BE0000303124.