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Bell Ceremony to celebrate the first listing of a covered bond under the ING “Belgium Residential Mortgage Pandbrieven Programme
Guy Beniada, CFO of ING Belgium, rang the Opening Bell on Euronext Brussels on 10 December 2013 to celebrate the first listing of a ING covered bond under the Belgium Residential Mortgage Pandbrieven Programme for a maximum of 10 billion euro. This successful transaction allowed ING Belgium to place 1 billion euro with a wide range of institutional investors. The Pandbrieven listed today have a 5 years maturity and an annual coupon of 1,125% and are covered by Belgian residential mortgages.