The Belgian Debt Agency informs you that the following 2 OLO lines will be auctioned on Friday, 11 December 2020 for a maximum amount of EUR 500 million:

1.
Description : OLO 0.80% 22/06/2025
ISIN code : BE0000334434
OLO number : OLO 74
Outstanding : EUR 18.930.000.000.00

2.
Description : OLO 1.00% 22/06/2026
ISIN code : BE0000337460
OLO number : OLO 77
Outstanding : EUR 15.404.000.000.00

Payment date will be 15/12/2020.

Brussels, 9 December 2020 | On 8 December, Ursula von der Leyen, President of the European Commission, together with Belgian Prime Minister Alexander De Croo and other European leaders, launched the D4D Hub, a global multi-stakeholder platform that will mark a turning point in the EU’s international partnerships to support a human-centric digital transformation. Eleven EU Member States, including Belgium, have committed to cooperate towards a European digital development strategy. 

Please find enclosed the borrowing requirements and the funding plan for 2021.

The Belgian Debt Agency informs you that it has accepted bids of Treasury certificates for a total amount of EUR 1.875 billion, distributed into the following lines :

ISIN Code : BE0312775472 - 11/03/2021
Amount taken (EUR billion): 0.645
Weighted average yield : -0.753 %
Bid-to-cover ratio : 2.33

ISIN Code : BE0312779516 - 11/11/2021
Amount taken (EUR billion): 1.230
Weighted average yield : -0.714 %
Bid-to-cover ratio : 2.07

See our Reuters page BELG/TC or Bloomberg page BEDA - TC Auctions - Results.

The Belgian Federal Government Debt amounted to EUR 421.84 billion as of 30 November 2020.

Debt issued or taken over by the federal government amounted to EUR 421.65 billion, and the institutions for which the federal government supports the debt service, registered a debt of EUR 0.19 billion.

In net terms (i.e. deducting financial deposits and investments, as well as securities owned by the Treasury), the Federal Government Debt amounted to EUR 413.67 billion. 

Today the Belgian Debt Agency received the first instalment of the European Union Instrument for temporary Support to mitigate Unemployment Risks in an Emergency  (SURE). Belgium applied for a EUR 7.803 billion loan, of which EUR 6.210 billion will be used for financing and refinancing federal government eligible expenditures. The first instalment, which is entirely to the federal government’s benefit, consists of a 15-year loan with a nominal amount of EUR 2.000 billion, due on 4 July 2035. This loan is mirroring the European Commission’s 0.00% 15-year transaction carrying a negative yield of -0.102%. Accordingly the corresponding disbursement amount (EUR 2.030 billion) is above par (101.50%).

The Debt Agency’s long term funding in 2020 now stands at EUR 48.01 billion, equivalent to 98.99% of the planned amount of EUR 48.50 billion.

In the run-up to today's Consultation Committee, the federal government launches a follow-up campaign calling on all citizens to persevere, as 1 team of 11 million players. The campaign asks all Belgians to strive for the same goal together, to not let go of each other and to collectively defeat the coronavirus.

In the light of its cash management, the Belgian Debt Agency has decided to cancel the Treasury Certificate auction of Tuesday December 1st, where the Treasury Certificate line maturing 11/03/2021 (ISIN BE0312775472) would have been re-opened.

The Belgian Debt Agency informs you that it has accepted bids for a total amount of EUR 1.494 billion , distributed into the following lines : "

OLO 0.80 % 22/06/2025 (OLO74)
ISIN code : BE0000334434
Amount taken (EUR billion): 0.797
Weighted average yield : -0.704 %
Bid-to-cover ratio : 2.82

OLO 1.25 % 22/04/2033 (OLO86)
ISIN code : BE0000346552
Amount taken (EUR billion): 0.697
Weighted average yield : -0.284 %
Bid-to-cover ratio : 4.05

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