The Belgian Debt Agency informs you that the following 2 OLO lines will be auctioned on Friday, 2 September 2022 for a maximum amount of EUR 500 million:

1.

Description : OLO 0.80% 22/06/2028

ISIN code : BE0000345547

OLO number : OLO 85

Outstanding : EUR 15 527 000 000.00

2.

Description : OLO 2.25% 22/06/2057

ISIN code : BE0000343526

OLO number : OLO 83

Outstanding : EUR 6 676 000 000.00

Payment date will be 06/09/2022.

The Kingdom of Belgium (rated Aa3/AA/AA-; outlook all stable) has requested BNP Paribas Fortis and Crédit Agricole CIB to arrange a series of investor calls and meetings to present its new 2022 Green OLO Framework.

These meetings will take place between the 5th and the 9th of September, 2022.

The Kingdom of Belgium will be represented by the Belgian Debt Agency and the DG Environment of the Ministry of Health, Food Chain Safety and Environment.

A pre-recorded presentation will be made available on the website of the Belgian Debt Agency as from Monday the 5th of September, 2022: https://www.debtagency.be/en

The new Green OLO Framework and the Second Party Opinion by Moody’s ESG can also be consulted on the BDA’s website: https://www.debtagency.be/en/green-olo

Today, Prime Minister Alexander De Croo is attending the Offshore Northern Seas Conference (ONS) in Stavanger, Norway. ONS is an international energy conference  that brings together politicians, business leaders, opinion makers and academics on relevant themes in the energy sector. In his keynote speech, the Prime Minister called on the European countries and Norway in particular to work together and reiterated his plea for an intervention in the 'irrational' gas market to protect citizens and businesses. Read the full keynote speech of the Prime Minister here.

At the request of Foreign Minister Lahbib, the Federal Council of Ministers decided that Belgium will provide 8 million EUR in support to the Ukrainian armed forces through NATO. Our country will make a voluntary contribution to NATO's so-called Comprehensive Assistance Package (CAP) Trust Fund, which provides non-lethal support  to Ukraine.  More specifically, our country will contribute to first aid equipment (including first aid kits) for the Ukrainian armed forces, winter clothing, or – if  the needs have been met in the meantime – other material such as night vision goggles or pharmaceuticals.  Belgian companies will be able to participate in the public tenders.

Prime Minister Alexander De Croo participated by video call in the Second Summit of the Crimea Platform, an initiative of President Volodymyr Zelensky. Objective: to co-ordinate the international diplomatic response to the illegal annexation of Crimea by Russia.

The Belgian Debt Agency informs you that it has accepted bids for a total amount of EUR 2.001 billion , distributed into the following lines : 

OLO 0.00 % 22/10/2027 (OLO91)
ISIN code : BE0000351602
Amount taken (EUR billion): 0.780
Weighted average yield : 1.258 %
Bid-to-cover ratio : 2.36

OLO 0.35 % 22/06/2032 (OLO94)
ISIN code : BE0000354630
Amount taken (EUR billion): 1.221
Weighted average yield : 1.809 %
Bid-to-cover ratio : 1.77

See our Refinitiv page BELG/OLO or Bloomberg page BEDA - OLO Auctions - Results.

The Belgian Debt Agency informs you that the range for the upcoming auction on Monday, 22 august 2022, has been determined at EUR 1.5/2.0 billion

2 OLO lines will be auctioned :

OLO 0.00% 22/10/2027 ISIN BE0000351602 (OLO 91)
OLO 0.35% 22/06/2032 ISIN BE0000354630 (OLO 94)

The Belgian Debt Agency informs you that the following 2 OLO lines will be auctioned on Monday, 22 august 2022 :

1.
Description : OLO 0.00% 22/10/2027
ISIN code : BE0000351602
OLO number : OLO 91
Outstanding : EUR 9,038,000,000.00

2.
Description : OLO 0.35% 22/06/2032
ISIN code : BE0000354630
OLO number : OLO 94
Outstanding : EUR 13,712,000,000.00

Payment date will be 24/08/2022. On Friday 19 august in the morning, the Belgian Debt Agency will announce the range of the amount to be auctioned.

Press release from the Belgian Debt Agency:

As of the end of July 2022, the federal government debt amounted to EUR 469.470 billion. This means that this debt decreased by EUR 2.11 billion compared to June.

In net terms (after deducting placements and securities held in portfolio), the federal government debt decreased by 3.59 billion euros, to 447.593 billion euros.

The net balance to be financed in July was EUR -3.600 billion.

For more details on the issuance and repayment of short-term and long-term debt in July 2022, please refer to the website www.debtagency.be.

The average duration of the federal government debt increased by 0.15 years to 10.57 years in July 2022, while the average interest rate of the debt instruments increased to 1.37%. The 12-month and 60-month refinancing risks amounted to 12.96% and 36.38%, respectively.