Why the Van Peteghem State Note is Making History: Insights from Belgians

2023-08-30 17:07:37

With more than 16 billion euros on the counter two days before closing, the one-year State note has already made history. A few Belgians explain to us why they chose (or not) to take the plunge. Article reserved for subscribers Journalist in the Economy department By Amandine Cloot Published on 08/30/2023 at 19:07 Reading time: 1 min

At 48 hours from the close of the subscription period, interest in the Van Peteghem State bond had still not eroded. In total, more than 16 billion euros have already been collected by the Debt Agency and the banks responsible for its distribution. An issue that is already historic, which at this rate could easily cross the 20 billion mark.

More scientific investigations will follow, in the meantime, we asked the question to a few Belgians from different backgrounds, of whom here is a small sample. Unsurprisingly, the attractive yield (2.81% net) and the shorter maturity than usual for a public bond (one year versus a usual minimum of 3 years) are largely responsible for the success of the bond. But not only.

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