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Belfius Bank successfully issued a EUR 750m 5Y Mortgage Pandbrieven benchmark
Belfius Bank SA/NV (“Belfius”) launched today its second Mortgage Pandbrieven benchmark transaction of the year.
The newly issued EUR 750m notes bear an annual coupon of 0.375% and priced at a reoffer spread of 1 basis point below euro mid-swaps resulting in a yield of 0.377%
With this transaction Belfius Bank continues its strategy of diversification of funding sources and investor base as well as further optimization of its funding profile.
Read the full transaction release