Belgium has borrowed €4 billion through short-term State bonds, the Debt Agency announced on Tuesday.
The auction, held on Tuesday, involved treasury certificates maturing in May 2025, July 2025, and December 2025.
Belgium will pay an average interest rate of 2.615% on the first tranche (€1.043 billion), 2.513% on the second tranche (€1.008 billion), and 2.414% on the third tranche (€2.033 billion).
Unlike government bonds, treasury certificates are primarily aimed at institutional investors rather than individuals.

