On Monday Belgium experienced no difficulty in raising 2.5 billion on the international money markets. On ten-year bonds Belgium now has to pay an interest rate of 3.8%. This is half a per cent less than last month.
Belgium raised 655 million euros on three-year bonds, 835 million euros on ten-year bonds and a billion euros on 24-year bonds.
Demand for Belgian debt was greater than supply allowing the Belgian state to borrow at a low interest rate for lengthy periods of time.