By Laura Contemori – ROME (Econostream) – The Belgian Debt Agency issued a total of €2.995 billion of linear ordinary bonds (OLOs) on Monday across three maturities, close to the top of its indicated €2.6 billion to €3.0 billion range.
The agency allotted €949 million of the 2.85% 22 October 2034 OLO, €1.146 billion of the 3.10% 22 June 2035 OLO, and €900 million of the 4.35% 22 June 2056 OLO.
The 22 October 2034 OLO cleared at a weighted average yield of 3.375%, with a bid-to-cover ratio of 1.41.
The 22 June 2035 OLO cleared at a weighted average yield of 3.468%, with a bid-to-cover ratio of 1.38.
The 22 June 2056 OLO cleared at a weighted average yield of 4.394%, with a bid-to-cover ratio of 1.68.
