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Belgium to sell 5, 10 year benchmarks at final debt auction

Published November 7, 2014 Updated November 7, 2014 03:47pm

BRUSSELS: Belgium will sell the five and 10-year benchmark bonds at its final long-term debt auction in November, the country's debt agency said on Friday.

Belgium will auction the September 28 2019 and June 22 2024 benchmark bonds, which yielded 0.854 and 1.198 percent respectively at their most recent sales this year.

The debt agency will announce next Friday how much it intends to raise at the auction scheduled for November 17.

The AA-rated sovereign has sold 29.659 billion euros($36.84 billion) of long- and medium-term bonds this year, almost all of its 30 billion target for 2014.

Copyright Reuters, 2014