OLO 65 Pricing Announcement

Press release from the Belgian Debt Agency

Press release from the Belgian Debt Agency

The 4.25% EURO 4.5 billion OLO65 benchmark issue, maturing 28th September, 2022 for the KINGDOM OF BELGIUM, rated Aa3/AA, is now priced.

Issue/Reoffer price is 99.581 , to yield 4.302%, equivalent to 197bps over mid swaps.

Payment date 24th January, 2012. Short first coupon on 28th September, 2012. Listing Brussels. Belgian law. No XD, no NP.FM2 (with prior consultation with the issuer) applies. Fees total 17.5 cts. 144A.  FSA / ICMA Stabilisation.

Joint leads and books : Barclays Capital, BNP Paribas Fortis, Morgan Stanley and SG CIB.

Co-lead group : ABN Amro Bank, Banco Santander, Citi, Crédit Agricole, Deutsche Bank, Goldman Sachs, HSBC, ING ,J.P.Morgan, KBC Bank, Nomura International , RBC Capital Markets, RBS and UBS Investment Bank.

Selling group : BBVA, Commerzbank, Jefferies International, Nordea and Scotia Capital.

The auction scheduled for 30th January, 2012 is cancelled.