15 jan 2020 17:10

New OLO 89 - Pricing

The 0.1% EURO 6 billion OLO89 benchmark issue, maturing 22nd June, 2030 for the KINGDOM OF BELGIUM, rated Aa3/AA/AA-, is now priced.

Issue/Reoffer price 99.865, to yield 0.113%, equivalent to 7 bps under mid swaps.

Payment date January 22th, 2020. Short first coupon on June 22nd, 2020. Listing Brussels.

Belgian law. No XD, no NP. FM2 (with prior consultation with the issuer) applies.

Fees total 17.5 cts.

Reg S Category 1, 144A eligible,  CAC,  FCA / ICMA Stabilisation.

Joint leads and books : BNP Paribas Fortis, Crédit Agricole CIB, J.P. Morgan, KBC and NatWest Markets.

Co-lead group: Barclays, Citigroup, HSBC, Morgan Stanley, Nomura International