The 2023 Gross Borrowing Requirements are revised downwards by 2.0 billion euro to 49.07 billion euro, mainly as a result of a lower estimate of pre-funding for 2024.

The Belgian Debt Agency now expects to buy back OLOs maturing in 2024 for an amount of 0.30 billion euro, instead of 2.09 billion euro. This is due to the high price of the short-term OLOs. In addition, the other financing requirements would only amount to 0.10 billion euro (vs. 0.31 billion euro).

In terms of funding, the...

1. Results

The issuance result of the 1-yr State Note, redeeming on September 4th, 2024 and carrying a coupon of 3.30%, amounted to 21.896 billion euro. It is by far the most successful issuance of State Notes ever. Until now, the record was held by the so-called Leterme-Notes, which resulted in an amount of 5.729 billion euro, in December 2011.

234,310 subscriptions were made through the website of the Belgian Debt Agency, for an amount of 7.093 billion euro. This is equivalent to 32.4%...

In light of the very successful issuance of the 1-year retail State Note, the Belgian Debt Agency has decided to make the following changes to its planned issuance of Treasury Certificates in the next weeks:

- On 5-Sep-2023 the Treasury Certificate with maturity 7-Mar-2024 will not be offered;
- The Treasury Certificate with maturity date 12-Sep-2024 will not be offered in the auctions of 12-Sep-2023 and 10-Oct-2023.

Further measures will be communicated at the beginning of next week once...

The Belgian Debt Agency informs that it has accepted bids for a total amount of EUR 2.800 billion, distributed into the following lines :

OLO 0.10%  22/06/2030 (OLO 89)
ISIN Code : BE0000349580 - 22/06/2030
Amount taken (EUR billion) : 1.225
Weighted average yield : 3.034%
Bid-to-cover ratio : 1.73

OLO 3.00%  22/06/2033 (OLO 97)
ISIN Code : BE0000357666 - 22/06/2033
Amount taken (EUR billion) : 1.575
Weighted average yield : 3.273%
Bid-to-cover ratio : 1.72

See our Refinitiv...

The Belgian Debt Agency informs you that the range for the upcoming auction on Monday 21 August 2023, has been determined at EUR 2.4/2.8 billion

2 OLO lines will be auctioned:

1. OLO 0.10%  22/06/2030 ISIN BE0000349580 (OLO 89)
2. OLO 3.00%  22/06/2033 ISIN BE0000357666 (OLO 97)

The Belgian Debt Agency informs you that the following 2 OLO lines will be auctioned on Monday 21 August 2023 :

1.
Description : OLO 0.10%  22/06/2030
ISIN code : BE0000349580
OLO number : OLO 89
Outstanding : EUR 12 738 000 000.00

2.
Description : OLO 3.00%  22/06/2033
ISIN code : BE0000357666
OLO number : OLO 97
Outstanding : EUR 13 184 000 000.00

Payment date will be 23 August 2023. On Friday 18 August in the morning, the Belgian Debt Agency will announce the range of the...

Press release from the Belgian Debt Agency:
 
As of the end of July 2023, the federal government debt amounted to EUR 489.237 billion. Federal government debt thus decreased by EUR 5.18 billion in July.

In net terms (after deducting placements and securities held in portfolio), the federal government debt decreased by EUR 3.46 billion to EUR 474.58 billion.

The net balance to be financed amounted to EUR 3.46 billion in July (to the detriment of the Treasury).

For more details on the...

The Belgian Debt Agency informs that it has accepted bids of Treasury certificates for a total amount of EUR 1.981 billion, distributed into the following lines :

ISIN Code : BE0312791636 - 09/11/2023
Amount taken (EUR billion) : 0.980
Weighted average yield : 3.567%
Bid-to-cover ratio : 1.94

ISIN Code : BE0312795678 - 11/07/2024
Amount taken (EUR billion) : 1.001
Weighted average yield : 3.568%
Bid-to-cover ratio : 2.23


See our Refinitiv page BELG/TC or Bloomberg page BEDA - TC...

The Belgian Debt Agency informs that it has accepted bids for a total amount of EUR 0.506 billion, distributed into the following lines :

OLO 3.00%  22/06/2034 (OLO 73)
ISIN Code : BE0000333428 - 22/06/2034
Amount taken (EUR billion) : 0.200
Weighted average yield : 3.341%
Bid-to-cover ratio : 1.55

OLO 2.15%  22/06/2066 (OLO 80)
ISIN Code : BE0000340498 - 22/06/2066
Amount taken (EUR billion) : 0.306
Weighted average yield : 3.502%
Bid-to-cover ratio : 1.74

See our Refinitiv...