Belgium issues new bonds as public debt climbs toward €720 billion
Belgium placed 2033, 2036 and 2040 bonds with yields between 4.065% and 4.742%, while its debt rose to nearly €720 billion.
The debt agency reported that Belgium issued bonds maturing in 2033, 2036 and 2040, offering yields from 4.065% to 4.742%. Over the past year, the country's debt-to-GDP ratio grew by 3.8 percentage points, leaving it about 27 points above the EU average. With a total debt close to €720 billion, Belgium now ranks fourth among EU members, behind Greece, Italy and France.
Why it matters
Rising debt and higher yields signal increasing financing costs for Belgium, affecting its fiscal stability and EU debt dynamics.
How this story developed
- Sep 4 Rising French borrowing costs spark fears of wider Eurozone debt risk
- Oct 8 The 10‑year yield climbed to just under 5% and the spread to German bonds topped 150 basis points.
- Oct 9 Bond market sell‑off intensifies as yields spike.
- Oct 12 Rising borrowing costs hit France as a global debt storm intensifies.
- Oct 19 After weekend riots and looting in several French cities, stolen goods are being posted for sale on Vinted, prompting calls for cooperation from officials.
- Oct 20 Vinted announced enhanced detection systems and cooperation with French officials to remove illicit listings.
- Oct 20 The France‑Germany 10‑year bond spread moved past the symbolic 1.5‑point barrier.
- Oct 21 The spread between French and German 10‑year yields widened to about 157 basis points, the highest level since 2011.
- Oct 21 Jordan Bardella and Gabriel Attal have publicly urged online marketplaces to cooperate with investigations.
In this story
Belgium bondspublic debt€720 billiondebt-to-GDP ratioEU averagebond yieldsfiscal burden
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