Belgium sold €21.9 billion euros ($23.7 billion) of bonds to retail investors on Monday, a record for the nation as it lures funds and sends a message to banks that have been slow to raise saving rates.
More than 600,000 people poured into one-year note, according to a statement from the Belgian Debt Agency. The 3.3% coupon on the bond compares with an average rate of 3.13% for Belgian deposits of up to one year, European Central Bank data show.
Source: Bloomberg
