Will Belgium clear the final hurdle? Belgium’s leap of faith
Just how seriously does the Belgian government take its debt management programme? Deadly seriously, discovered 400 analysts and investors invited to question prime minister, finance minister and National Bank governor at a recent roadshow.
It’s seven years since the Belgian government first took a professional approach to borrowing. In 1989, the finance ministry set up competitive auctions for the monthly sale of public debt (Obligation Linéaire Obligatie – OLOs) and treasury certificates (CTs).
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