Belgium Issues EUR7 Billion in New 10-Year Government Bond -- Update
January 09 2024 - 10:50AM
Dow Jones News
By Emese Bartha
Belgium issued 7 billion euros ($7.67 billion) in new October
2034-dated government bonds, or OLOs, via a bank syndicate on
Tuesday, attracting more than 10-fold demand, one of the bookrunner
banks said.
Books for the new issue closed in excess of EUR72 billion,
excluding joint lead manager interest, the same bank said.
The spread on the new bond was set 24 basis points above
mid-swaps, it said. The bond has a 2.850% coupon, and it was issued
at a price of 99.788, at a yield of 2.874%, the same bank said.
Bookrunners of the transaction were Barclays, BNP Paribas
Fortis, Credit Agricole CIB, J.P. Morgan and Natixis.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
January 09, 2024 10:35 ET (15:35 GMT)
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