search query: @indexterm BELGIUM / total: 339
reference: 124 / 339
| Author: | |
| Title: | Belgium |
| Journal: | Euromoney
1994 : SEP, p. 8-9 |
| Index terms: | BELGIUM MARKETING DEVELOPMENT |
| Language: | eng |
| Abstract: | Belgian debt amounted to 127 of GDP in 1993, and crippling interest charges have forced the treasury to be creative this year. Eager to take advantage of lower short-term interest rates, the treasury has been embarking on a policy of redeeming high-coupon callable bonds and issuing bonds at a reduced coupon. The finance ministry hopes to replace 13% of all outstanding bonds this year, aiming to reap savings in debt servicing to the tune of Bfr30 billion in 1995. |
SCIMA