Markets

Belgian 10-year bond yield inches up in auction

Published July 13, 2015 Updated July 13, 2015 12:09pm

1 min

By Shoaib Ur Rehman

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BRUSSELS: Belgium raised 2.60 billion euros ($2.88 billion) at an auction of medium- and long-term debt on Monday, the country's debt agency said, with yields for the 10-year benchmark bond rising slightly from last month.

The 10-year benchmark sold for a yield of 1.345 percent, up from the 1.259 percent at the last auction in June.

The AA-rated sovereign also sold two non-benchmark bonds, the September 2019 bond for which investors paid 0.173 percent, and the March 2041 bond, which sold for a yield of 2.152 percent.

The agency had earlier set a range of 1.8 to 2.6 billion euros.

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