By Laura Contemori – ROME (Econostream) – The Belgian Debt Agency (BDA) on Friday sold a total of €508 million of linear bonds (OLOs) at its Optional Reverse Inquiry (ORI) auction.
The agency allocated €171 million of the 3.00% OLO due June 22, 2033 at a weighted average yield of 3.563%. The tranche attracted a bid-to-cover ratio of 4.65.
In addition, the agency allotted €337 million of the 3.10% OLO due June 22, 2035 at a weighted average yield of 3.804%. The bid-to-cover ratio was 4.15.