2023-09-01 10:37:39
It will be necessary to wait until Monday followingnoon, the day of the issue, to know the total amount raised by the Belgian State via its one-year bond. But, it is no longer a secret for anyone, the operation launched by the Minister of Finance Vincent Van Peteghem (CD&V) is historic. Never has a public bond intended for individuals been so much in demand.
Proof that Belgian savers who can afford it were really waiting, following a decade of low interest rates and a banking sector still “asleep” despite rising market interest, for a (secure) opportunity to get a return on their savings. Friday noon, the one-year state bond had thus made it possible to raise 22.3 billion euros.
Via the underwriters, with which the subscription is still open until 4 p.m. Friday, 13.41 billion have been collected.
The Debt Agency, which closed the subscriptions on its side, recorded a total of 277,510 registrations for a sum of 8.5 billion. The public service has received at this stage some 6.7 billion euros in its account. “Corrections are expected for Monday and we will inform those concerned as soon as possible if there have been any errors, but our teams must also digest having worked day and night this last week. I would like to thank them,” said Jean Deboutte, director.
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