Belgium Issues EUR7 Billion in New 10-Year Government Bond

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 ten-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.

Bookrunners of the transaction were Barclays, BNP Paribas Fortis, Credit Agricole CIB, J.P. Morgan and Natixis.

Write to Emese Bartha at [e-mail]

(END) Dow Jones Newswires

01-09-24 0602ET