New government bond offers 3.7% gross interest rate for 10-year placement

The next government bonds to be issued in September are set at 2.75% (one-year) and 3.7% (10-year), the country’s debt agency has announced.

Subscriptions through an investment institution such as a bank, for a fee, can be made from 26 August to 3 September 2026. Subscriptions via the debt agency’s ‘Grands Livres’ service can be carried out, free of charge, from 26 August to 2 September 2026.

The high yield on government bonds is due to rising interest rate on OLOs (Linear Bonds). This rate increased by approximately 40 basis points in July and August, RTBF reports.

“The 10-year interest rate on OLOs is currently at 3.81%, and you have to go back to February 2012 to find a level this high,” explained Jean Deboutte, director of the federal debt agency about interest rate increases being observed worldwide.