By Emese Bartha


Belgium issued 7 billion euros ($7.51 billion) in a new 10-year, June 2033-dated government bond, or OLO, via a bank syndicate on Tuesday, said one of the bookrunner banks.

The transaction attracted more than EUR51 billion in demand, including EUR1.5 billion from the joint lead managers, the bank said.

The spread on the bond was set 10 basis points above mid-swap. The bond has a 3% coupon, and it was priced at 99.799, at a yield of 3.024%, the same bank said.

Joint bookrunners of the transaction were BNP Paribas Fortis, Credit Agricole CIB, J.P. Morgan, KBC Bank and Natixis.


Write to Emese Bartha at emese.bartha@wsj.com


(END) Dow Jones Newswires

01-10-23 1055ET