On Wednesday 5 October 2022, the Flemish Community successfully launched and priced a 10-year bond as part of a dual-tranche EUR bond benchmark transaction. The Flemish Community fixed the size at 750 million euros. This tranche was placed at a coupon rate of 3.00% and a yield of 3.047%.
The issue attracted 50 interested investors from 11 different countries. Benelux investors formed the biggest investor group with 44.7%, followed by French investors (22.7%) and German, Austrian and Swiss investors (20.5%). In terms of investor type, the transaction was mainly supported by banks (48.7%), funds & asset management (30.7%) and insurance and pension funds (13.7%).
On Wednesday 5 October 2022, the Flemish Community successfully launched and priced a long 20-year sustainability bond as part of a dual-tranche EUR bond benchmark transaction. The Flemish Community fixed the size at 1.25 billion euros. This tranche was placed at a coupon rate of 3.250% and a yield of 3.363%.
The issue attracted 54 interested investors from 12 different countries. German, Austrian and Swiss investors formed the biggest investor group with 41%, followed by Benelux investors (26.9%) and French investors (14.8%). In terms of investor type, the transaction was mainly supported by insurance and pension funds (41.6%), closely followed by funds & asset management (41.5%) and banks (11%).
On Wednesday 13 October 2021, the Flemish Community successfully launched and priced a 10-year bond. The Flemish Community fixed the size at 1.5 billion euros. This tranche was placed at a coupon rate of 0.300% and a yield of 0.335%.
The transaction was once again very successful with a total order book of over 8.2 billion euros. The issue attracted 200 investors from 24 different countries. Benelux investors formed the biggest investor group with 33%, followed by German, Austrian and Swiss investors (26%), French investors (15%) and Southern European investors (10%). In terms of investor type, the transaction was mainly supported by banks (53%), followed by funds & asset management (22%), insurance & pension funds (13%) and central banks & official institutions (10%).
On Wednesday 17 March 2021, the Flemish Community successfully launched and priced its fourth sustainability benchmark transaction. The Flemish Community fixed the size at 1.25 billion euros. This 25-year bond was placed at a coupon rate of 0.875% and a yield of 0.891%.
The transaction was once again very successful with a total order book of over 5.2 billion euros. The issue attracted 135 investors from 21 different countries. German, Austrian and Swiss investors formed the biggest investor group with 48%, followed by French investors (19%) and Benelux investors (15%). In terms of investor type, the transaction was mainly supported by funds & asset management (54%) and insurance and pension funds (28%).
