08 Feb 2017 16:40

Kingdom of Belgium new € 3.0 billion 0.50% 7-year OLO 82 & € 3.0 billion 2.25% 40-year OLO 83 - benchmark: transaction summary

Press release from the Belgian Debt Agency

Please find attached the transaction summary of the dual-tranche 7y and 40y OLO syndicated benchmark transaction, being the second out of the three announced fixed-coupon benchmark issues in 2017.
With the proceeds amounting to EUR 6.0 bn., the Kingdom has achieved more than a third of its OLO funding plan.
Moreover, and in line with the Kingdom’s strategy, this issue again will positively influence the overall risk parameters and the average life of the debt portfolio in particular.