Belgium has raised €2.33 billion through treasury certificates (TCs) on the financial market, the Federal Debt Agency announced on Tuesday.
The auction, which took place on Tuesday, concerned treasury certificates maturing in November 2024 and January 2025, which raised €1.115 billion and €1.215 billion respectively.
Belgium will be paying a mean interest rate of 3.538% and 3.513% on the two batches of certificates.
TCs have short-term maturities - up to one year - and are registered in the clearing system of the National Bank of Belgium.
They are offered at auctions normally held twice a month, on Tuesdays.
Unlike government bonds, they primarily target institutional investors, not individuals.
