The interest rates for the State bonds to be issued in March have been set, the Federal Debt Agency announced on Wednesday.
By obtaining the state bonds, people agree to lend money to the Belgian Government for a determined number of years. In exchange, the State repays the initial loan to lenders with interest.
The new one-year state bonds have an interest rate of 1.47%. The 10-year state bonds have a 2.03% rate.
The state bonds will be issued on 4 March. Individual investors can subscribe to the bonds from 21 February to 28 February, via the Central Securities Depository service and until 3 March through designated financial institutions.
Last year, the one-year and eight-year bonds issued on 4 December raised €52.8 million.
