On Wednesday 26 February 2025, the Flemish Community successfully launched and priced a long 12-year EUR bond benchmark transaction. The Flemish Community fixed the size at 1.5 billion euros. The bond was placed at a coupon rate of 3.250% and a yield of 3.338%.
The transaction was very successful with a total order book of over 7.89 billion euros. The issue attracted 155 interested investors from 23 different countries. German, Austrian and Swiss investors formed the biggest investor group with 22.5%, followed by French (22.0%) and Southern European (17.1%) investors. In terms of investor type, the transaction was mainly supported by funds & asset management (45.4%), banks (28.9%) and central banks & official institutions (16.0%).
On Wednesday 20 November 2024, the Flemish Community successfully launched and priced a benchmark tap transaction of its 3.125% June 2034 bond. The Flemish Community fixed the size at 1 billion euros, bringing the total notional amount to 2.25 billion euros. The bond was placed at a yield of 3.152 %.
The transaction was very successful, with a total order book of over 8 billion euros. The issue attracted 179 interested investors from 25 different countries. Southern European investors formed the biggest investor group with 30.7%, followed by German, Austrian and Swiss investors (19.8%), French investors (14.2%) and Benelux investors (11.9%). In terms of investor type, the transaction was mainly supported by banks (51.5%), funds & asset management (25.4%) and central banks & official institutions (10.0%).
On Wednesday 9 October 2024, the Flemish Community successfully launched and priced a 5-year EUR bond benchmark transaction. The Flemish Community fixed the size at 1.5 billion euros. The bond was placed at a coupon rate of 2.750% and a yield of 2.795%.
The transaction was very successful, with a total order book of over 6 billion euros. The issue attracted 147 interested investors from 24 different countries. Benelux investors formed the biggest investor group with 33.3%, followed by German, Austrian and Swiss investors (17.1%), Southern European investors (13.8%) and French investors (13.2%). In terms of investor type, the transaction was mainly supported by banks (41.6%), central banks & official institutions (35.8%) and funds & asset management (19.2%).
On Wednesday 20 March 2024, the Flemish Community successfully launched and priced a long 10-year 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 3.125% and a yield of 3.250%.
The transaction was very successful with a total order book of over 10 billion euros. The issue attracted 177 interested investors from 23 different countries. German, Austrian and Swiss investors formed the biggest investor group with 23.2%, followed by Benelux investors (22.4%), Southern European investors (20.0%) and French investors (11.4%). In terms of investor type, the transaction was mainly supported by banks (46.2%), funds & asset management (33.5%), insurance & pension funds (9.7%) and central banks & official institutions (9.5%).
On Wednesday 20 March 2024, 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 3.500% and a yield of 3.575%.
The transaction was very successful with a total order book of over 10.5 billion euros. The issue attracted 190 interested investors from 24 different countries. French investors formed the biggest investor group with 23.8%, followed by German, Austrian and Swiss investors (22.7%), Southern European investors (21.9%) and Scandinavian investors (15.2%). In terms of investor type, the transaction was mainly supported by funds & asset management (47.6%), insurance and pension funds (27.0%) and banks (21.4%).
