Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (68781)	11/29/2010 12:13:07 AM
From: TobagoJack	Respond to of 220063

<<Smells like a forced loan to me. History really is rhyming.>> ... believe you have a good nose. i may have bad sense of tempo. all very interesting. in the mean nasty time, next sacrifice may have been tee-ed up just in in-tray From: M Sent: Mon, November 29, 2010 12:37:54 PM Subject: Re: Comments - Week of November 29 Given the current uncertainties in Europe along with the political disharmony that is Belgium, today's auction should be very interesting to follow. Buyer's strike perhaps? Or a smooth auction at low rates? Interesting to see that at the end of 2009, the average duration of their debt is 3.89 years. (about 10% of total debt due each year between 2011 and 2015). Average interest rate of 3.68% Banks own 55% of 10-Year Belgian debt (OLO's). They'll be very sensitive to interest rates moves in terms of financing their debt and deficits in the next few years! debtagency.be M The Belgian Debt Agency said Friday that it plans to sell EUR1.5 billion to EUR2.5 billion three series of government bonds, or OLOs, at an auction Nov. 29. The series on offer are re-openings of issues. Following are details of the coming auction. Date of auction Nov. 29, 2010 Issue four-year OLO Maturity Sept. 28, 2014 Coupon 4.25% Settlement date Dec. 2, 2010 Date of auction Nov. 29, 2010 Issue 10-year OLO Maturity Sept. 28, 2020 Coupon 3.75% Settlement date Dec. 2, 2010 Date of auction Nov. 29, 2010 Issue 25-year OLO Maturity March 28, 2035 Coupon 5.00% Settlement date Dec. 2, 2010 Belgian debt agency website: www.debtagency.be