By Laura Contemori – ROME (Econostream) – The Belgian Debt Agency (BDA) on Friday allotted €501 million of linear government bonds (OLOs) through its Optional Reverse Inquiry (ORI) facility auction.
The agency sold €200 million of the 3.00% OLO due June 22, 2033 and €301 million of the 2.85% OLO due October 22, 2034.
The 2033 bond was allotted at a weighted average yield of 3.218% and had a bid-to-cover ratio of 2.60.
The 2034 bond cleared at a weighted average yield of 3.380%, with a bid-to-cover ratio of 2.33.