Foto: Photo News
The Belgian treasury has again raised 1.8 billion euros on the financial markets on Monday, at negative interest rates. This means that the government will have to repay less than what it has now borrowed.
Specifically, 1.154 billion euros was raised on Monday with the issue of a bond that expires in 2023. This was done at an interest rate of -0.399 percent.
Another bond that expires in 2037 raised EUR 649 million. The interest rate here was -0.015 percent.
Last week, the Belgian ten-year interest rate was still at an all-time low. The low interest rates are good news for the treasury, which has to refinance tens of billions of euros every year.
*The article has been translated based on the content of Source link by https://www.nieuwsblad.be/cnt/dmf20201019_94298032
. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!
These were the details of the news Belgium collects 1.8 billion euros in negative interest rates for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at news1.news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.