Brussels – 14 October 2014 – Euronext announces the successful listing of Belgian Public Pandbrieven by Belfius on its Brussels market. Belfius is the first Belgian bank to set up a Pandbrieven programme with a cover pool composed of public sector exposure.
The bond was admitted to listing on Euronext Brussels with a total issued amount of € 1.25 billion reaching maturity on 14 October 2021. The interest rate stands at 0.625%.
“We are pleased to welcome Belfius’ Public Pandbrieven on Euronext Brussels,” said Vincent van Dessel, CEO of Euronext Brussels.“This new listing on the covered bond market stresses our prominent role in financing the real economy through a broad products offer.”
Alain Baetens, Head of Listings at Euronext Brussels, added: “Today we welcome the listing of the first Public Pandbrieven Issue in Belgium, an inaugural benchmark in euro, launched by Belfius, a reference partner in the Belgian public and social sector. The amount of € 1.25 billlion underscores the strong local and international appetite for innovative and high quality secured instruments, with Euronext accommodating the public and private sector as the main capital raising center in Europe.”
Belfius Bank is an autonomous Belgian banking and insurance group wholly owned by the Belgian federal state through the Federal Holding and Investment Company (FHIC). Belfius Bank shares are not listed. Belfius Bank & Insurance is, above all, a local bank, collecting savings deposits and investments via its distribution networks in Belgium. It then re-invests these funds into the society in the form of loans to individuals (mainly mortgage loans), the self-employed, small and medium-sized enterprises and the liberal professions, corporates and, in particular, public and social institutions.