Belgium Sells EUR5 Billion in New 10-Year Government Bond -- Update

(Adds coupon, price, yield)

By Emese Bartha

Belgium sold 5 billion euros ($5.70 billion) in new 10-year government bonds with maturity in June 2032, garnering more than EUR21 billion in demand by the close of order books, in a syndicated transaction on Tuesday, one of the joint book-runner banks said.

The bond has a 0.35% coupon, and it was priced at 99.868, at a yield of 0.363%, said the same bank. The spread on the bond was set 6 basis points below midswaps.

The demand includes EUR1.9 billion joint lead manager interest, the same bank said.

The book-runner banks of the deal are BNP Paribas Fortis, Citi, J.P. Morgan, Natixis and Nomura.

Write to Emese Bartha at [e-mail]

(END) Dow Jones Newswires

01-18-22 0947ET