New OLO 108 – Pricing
Press release of the Belgian Federal Debt Agency
The 3.10% EUR 8 billion OLO108 benchmark issue, maturing 22 August 2031 for the Kingdom of Belgium (rated A1/AA-/A+; outlook all stable) is now priced.
Issue/Reoffer price 99.894, to yield 3.124%, equivalent to 19 mid swaps.
Payment date 21 May 2026. Short first coupon on 22 August 2026. Listing Brussels.
Belgian law. No XD, no NP. FM2 (with prior consultation with the issuer) applies.
Fees total 12.5 cts.
Reg S Category 1, 144A eligible, CAC, FCA/ICMA Stabilisation.
Joint leads and books: BNP Paribas Fortis, Citi, NatWest, Nomura and Société Générale.
Co-lead group: Bank of America, Barclays, Crédit Agricole CIB, Deutsche Bank, HSBC, J.P. Morgan, KBC Bank, Morgan Stanley and Natixis.