Business & Finance

Belgian yields dip in short-term debt auction

Published February 6, 2018 Updated February 6, 2018 12:46pm

Average yields on three-month paper fell to a negative 0.588 percent from a negative 0.570 percent last week.

Paper expiring in 12 months also dropped slightly to a negative 0.548 percent from the minus 0.546 percent average yield in an auction early in January.

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

 

Copyright Reuters, 2018