Belgium’s 10-Year Borrowing Cost Climbs to 5.659% at Auction From 4.372%
Belgium had to pay 5.659 percent to sell 10-year bonds at an auction today, the most since paying 5.915 percent in a sale through banks of similar-maturity debt in January 2000.
The debt agency in Brussels said it sold 450 million euros of bonds due in September 2021 at a weighted average yield of 5.659 percent, up from 4.372 percent in the previous sale on Oct. 31. Demand for the securities was 2.59 times the amount of notes sold, up from 1.65 times a month ago.
To contact the editor responsible for this story: John Martens at jmartens1@bloomberg.net
Belgium Pays 5.659 Percent to Sell 10-Year Debt
Jock Fistick/Bloomberg
Pedestrians walk along Rue Neuve, a main shopping street in Brussels.
Pedestrians walk along Rue Neuve, a main shopping street in Brussels. Photographer: Jock Fistick/Bloomberg
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