Belgium raises 2.19 bln euros in short-term debt auction

By Kitco News / January 02, 2018 / www.kitco.com / Article Link

BRUSSELS, Jan 2 (Reuters) - Belgium raised 2.185 billion euros ($2.64 billion) in an auction of short-term treasury bills on Tuesday with negative yields for both maturities sold, the country's debt agency said.

Three- month treasury bills, the most frequently auctioned maturity, yielded a negative 0.621 percent, while six-month bills were sold for a negative yield of 0.615 percent.

Investors have paid, rather than earned, interest for holding Belgian short-term paper at most auctions since 2014.($1 = 0.8284 euros)


(Reporting by Robert-Jan Bartunek)

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