Brussels (Eurotoday) – Belgium’s Federal Debt Agency has announced that it collected €52.8 million through the new government bonds.
Belgium’s Federal Debt Agency operates the country’s public debt, including cash flow forecasts, financial market and service regulation, the Royal Mint of Belgium, and the Monetary Fund. The Debt Agency is tasked with public debt management. Its main goal is to minimise the financial costs linked to the federal debt, taking into account market and operational threats in line with the general objectives of the budgetary and monetary policy.
How much did Belgium raise from new government bonds?
Generally, the acquisition of state bonds permits people to lend money to the Belgian Government. After a specific period, the State pays back lenders for the initial loan at an agreed interest. As reported by the Nieuwsblad, Belgian Government bonds were issued for one and eight years. The one-year government bond was the most popular and generated more than 41 million euros. Approximately 11 million euros were expanded with the eight-year government bond.
Moreover, the new government bond generated a net of 1.54 per cent over one year, and a net of 1.96 per cent over eight years. With the government bond, which is normally given four times a year, the Debt Agency is targeting private investors. In September last year, the government collected almost 22 billion euros.
Comments
Last News
Asylum Applications Across the EU Decrease – Notably Fewer from Syria
Vatican Progressives Cautious as Trump’s Hardline Catholic Deputy Visits the Holy See
EU Nations Aim to Curb Hungary’s Veto Power Over Russia Sanctions
Under current EU
Get Married Outdoors at Roeselare’s New ‘Het Venster’ Garden Venue
Roeselare, Belgium – Residents of Roeselare now have the option to celebrate their civil weddings outdoors, thanks to the city’s newly inaugurated garden venue. This unique setting, known as “Het Venster,” is a steel structure shaped like a house, nestled in the landscaped inner courtyard of the city’s new town hall.
Lithuania Seeks 2030 EU Membership for Ukraine, While Netherlands Opposes Timeline
Veldkamp acknowledged Ukraine’s efforts to gain EU membership, stating, “They are making tremendous efforts, but the Netherlands maintains a strict and critical approach to
Russia Claims Capture of Second-to-Last Village in Kursk Region
Ukrainian forces launched a bold and controversial cross-border incursion into Russia’s Kursk region last year, catching many observers—and even some within Ukraine—by surprise. While President Volodymyr Zelenskyy has maintained that the operation was a calculated success and could strengthen Kyiv’s
Myanmar: Thousands Still in Crisis Weeks After Devastating Earthquakes
More than three weeks after powerful earthquakes struck central Myanmar on 28 March, the humanitarian situation remains dire. At least 3,700 people are confirmed dead, with 4,800 injured and 129 still missing. However, aid agencies caution that the actual death toll is likely much higher due to underreporting and persisten
Freddy’s Burger Stand Closes After 30 Years in Tielt-Winge
Tielt-Winge (Eurotoday) – Freddy Konings is bidding farewell to decades of loyal burger fans after being forced to vacate his long-standing spot. Recent municipal changes compelled Freddy to relocate his hamburger stand from its familiar site in front of Gouden Kruispunt in Tielt-Winge, ending a 30-year tradition.
Freddy now has the chance to say a proper goodbye to the customers who frequented
Foreign Minister Fajon Visits Armenia and Azerbaijan
Fajon kicked off her trip in Yerevan, the capital of Armenia, where she met
Putin Declares ‘Easter Truce’ to Last Through Monday
According to a message posted on the Kremlin’s official Telegram channel, the truce is being offered “guided by humanitarian considerations.” The pause in hostilities is set to begin at 6 p.m.
Leave a Reply