Belgium's State Bonds Campaign Collects Almost €15 Million on First Day
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Loading... - Lucas Moreau
- 24 Feb 2025
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Belgium's latest state bonds campaign kicked off on Friday, achieving remarkable success by collecting €14,880,400 on its very first day, as reported by the Federal Debt Agency on Monday. This initiative allows private investors to lend their savings to the State for a predetermined number of years while earning interest in return.
The campaign's first day saw significant interest in both one-year and ten-year bonds:
- One-Year Bonds: These bonds, offering a gross interest rate of 2.10% (1.47% net), raised a total of €12,176,700.
- Ten-Year Bonds: Attracting a gross interest rate of 2.90% (2.03% net), these bonds garnered €2,703,700.
State bonds are issued quarterly and are specifically designed for private investors. Notably, companies and financial institutions are excluded from participating in this investment opportunity. However, foundations, non-profits, and religious institutions are permitted to invest.
On the first day of the campaign, there were 329 subscriptions through the Service des Grands-Livres, which accounted for nearly half of the total amount raised, totaling €7,120,000. The remaining €7,760,400 was collected from financial institutions.
The subscription period for these new state bonds will continue until Monday, March 3, through financial institutions. For those purchasing via the Service des Grands-Livres, the deadline is set for Friday, February 28, with all funds to be received by March 3 at the latest.
The strong initial response to Belgium's state bonds campaign reflects a growing interest among private investors in secure investment options. With competitive interest rates and a clear structure, the campaign is poised to attract even more subscriptions in the coming days.
