Belgium raises EUR 1.07bn with one-year bond.
The average interest rate on the issue of 1.884% is the highest in the last 30 months, according to observers. On the previous comparable issue the interest rate stood at 1.625%.
In addition, the government raised EUR 1.65 billion with notes maturing in three months. The average interest rate on the issue amounted to 1.307%.
The total money raised with the two offerings met the targeted EUR 2.7 billion-EUR 3.2 billion range.
(EUR 1.0 = USD 1.408)