Belgium raises 3.52bn euros at auction, 3 month yields fall

BRUSSELS: Yields on Belgium's short-term debt fell for three-month treasury bills but rose slightly for six-month paper at an auction of January and March 2012 treasury bills on Tuesday, the country's debt agency said.

Belgium sold January 2012 treasury bills for a yield of 0.909 percent lower than the yield of 1.067 percent the market demanded in September.

For the six-month paper, yields rose to 0.923 percent from 0.904 percent at their most recent in August

Belgium raised a total of 3.52 billion euros ($4,67 billion), at the top of the 2.7 and 3.5 billion euros range set by the debt agency on Friday.