BRUSSELS: Belgium sold 1.8 billion euros ($1.96 billion) of medium- and long-term debt at an auction of linear bonds (OLOs) on Monday, the country's debt agency said, with yield for the benchmark 10-year bond falling.
At the sale, which brought in an amount at the top of the range the agency had set previously, the 10-year benchmark sold for a yield of 0.192 percent, down from the 0.240 percent at the last auction of this maturity in September.
The 15-year benchmark also dropped slightly, selling for a yield of 0.567 percent from the 0.573 percent in July.
Belgium also sold a non-benchmark June 2045 bond, whose yield fell to 1.003 percent from 1.136 percent in September.
Last week the agency raised its 2016 target for OLO bonds to 36.50 billion euros, up from 33.50 billion previously. With Monday's auction it has raised 34.7 billion euros this year.
Belgium has scheduled one more auction this year on November 21. ($1 = 0.9187 euros)
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