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Belgium sells 2.53bn euros of short-term debt

Published Updated

BRUSSELS: Belgium has sold 2.53 billion euros ($3.02 billion) of short-term debt, with yields rising on the most frequently auctioned maturity, the country's debt agency said on Tuesday.

Yields on three-month paper rose to a negative 0.570 percent from a negative 0.621 percent last week.

Paper expiring a year from now also rose compared to the last auction of 2017 to a negative yield of 0.546 percent.

Investors have paid rather than received interest on holding Belgium's short-term borrowings for more than three years.

 

Copyright Reuters, 2018

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