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New treasury bond issue to have 0.65% coupon

© Belga
© Belga

The coupon for the upcoming treasury bonds, to be issued on September 4 next, has been set at 0.65%, Belgium’s Debt Agency announced on Tuesday. Bids will be accepted from August 24 to September 1 inclusive.

This will be a 10-year treasury bond: since June 2015, only 10-year terms are offered to individual private investors because of the weakness of current interest rates. Previously, treasury bonds maturing in 3, 5 and 8 years were issued.

The previous issue, in June last, had a coupon, or interest rate, of 0.7% and yielded 4.025 million euros.

Maria Novak
The Brussels Times