EMTN issue in USD
On Thursday 28th of September, the Kingdom of Belgium issued within the framework of its EMTN-programme a new long 2-year USD 1.5 billion bond at a spread of mid-swap minus 4 basis points.
This new bond matures on 15 January and has a coupon of 1.625 %.
The issue has been swapped into euro in order to cancel any currency risk. The resulting euro interest rate is negative.