2024 Financing plan
| EUR billion | 2024 Financing plan(1) | Achieved as of 31/03/2024 |
|---|---|---|
1. Gross financing requirements 2024 (2) |
52.92 |
13.72 |
| 1.1. Federal State budget deficit | 21.48 | 13.67 |
| - Budget deficit (stricto sensu) | 21.48 | 13.67 |
| - Participation in/loans to financial institutions and sovereigns | 0.00 | 0.00 |
| 1.2. Debt maturing in 2024 | 29.27 | 0.05 |
| - Long and medium term debt in euro (3) | 29.27 | 0.05 |
| - Long and medium term in foreign currencies | 0.00 | 0.00 |
| 1.3. Planned pre-funding (bonds maturing in 2025 and later) (4) | 1.50 | 0.00 |
| - Buy backs | 1.50 | 0.00 |
| 1.4. Other financing requirements (5) | 0.67 | 0.00 |
2. Funding resources 2024 (long and medium term) |
45.00 |
17.84 |
| - OLOs | 41.00 | 17.79 |
| - Euro Medium Term Notes/Schuldscheine | 2.00 | 0.00 |
| - Securities for retail investors | 2.00 | 0.02 |
| - Other (6) | 0.00 | 0.04 |
3. Change in Treasury Certificates stock (7) |
4.72 |
0.25 |
4. Change in outstanding 1-yr State Notes (8) |
-8.39 |
0.41 |
5. Net change in other short-term debt and financial assets (9) |
11.59 |
-4.79 |
(1) Forecast as of December 7th, 2023.
(2) The Federal State budget deficit is seasonal : e.g. tax revenues are notably higher in the second half of the year than in the first half.
(3) Including the OLOs and state notes maturing in 2024, bought back and held in portfolio.
(4) Including the OLOs and state notes maturing in 2025 or later, bought back and held in portfolio. As of January 1st, 2024, outstanding stock of medium and long term debt in euro maturing in 2023 totaled 22.82 billion euro.
(5) Including put/call options exercised on bonds and net redemptions of the treasury bonds representing Belgian participation in international organizations.
(6) Including EU loans (SURE) and net issues of treasury bonds representing Belgian participation in international organizations.
(7) Outstanding stock of Treasury Certificates on 01/01/2024 : 20.14 billion euro.
(8) Outstanding stock of 1-yr State Notes on 01/01/2024 : 21.89 billion euro.
(8) Outstanding stock of 1-yr State Notes on 01/01/2024 : 21.89 billion euro.
(9) This section includes residual financing instruments complementing the reference instruments mentioned in the previous section, including collateral margin changes. A positive figure represents an increase in the stock of residual financing and/or a reduction in financial assets.
(10) Figures may not sum up to the total because of rounding.
| OLOs | EMTN | STATE NOTES | TOTAL | |
|---|---|---|---|---|
| 31/01/2024 | 7,000.0 | 7,000.0 | ||
| 29/02/2024 | 5,508.0 | 5,508.0 | ||
| 31/03/2024 | 4,401.0 | 19.7 | 4,420.7 | |
| 30/04/2024 | 0.0 | |||
| 31/05/2024 | 0.0 | |||
| 30/06/2024 | 0.0 | |||
| 31/07/2024 | 0.0 | |||
| 31/08/2024 | 0.0 | |||
| 30/09/2024 | 0.0 | |||
| 31/10/2024 | 0.0 | |||
| 30/11/2024 | 0.0 | |||
| 31/12/2024 | 0.0 | |||
| Realis. > 20.03.2024 | 16,909.0 | 0.0 | 19.7 | 16,928.7 |
| Plan 2024 (*) | 41,000.0 | 2,000.0 | 2,000.0 | 45,000.0 |
(*) Forecast for 2024
2023 Financing plan
| EUR billion | 2023 Financing plan(1) | Achieved as of 31/12/2023 |
|---|---|---|
1. Gross financing requirements 2023 (2) |
47.30 |
49.04 |
| 1.1. Federal State budget deficit | 27.67 | 27.40 |
| - Budget deficit (stricto sensu) | 27.67 | 27.59 |
| - Participation in/loans to financial institutions and sovereigns | 0.00 | -0.19 |
| 1.2. Debt maturing in 2023 | 21.13 | 21.13 |
| - Long and medium term debt in euro (3) | 21.13 | 21.13 |
| - Long and medium term in foreign currencies | 0.00 | 0.00 |
| 1.3. Planned pre-funding (bonds maturing in 2024 and later) (4) | 0.40 | 0.40 |
| - Buy backs | 0.40 | 0.30 |
| 1.4. Other financing requirements (5) | 0.10 | 0.10 |
2. Funding resources 2023 (long and medium term) |
45.25 |
45.25 |
| - OLOs | 44.82 | 44.82 |
| - Euro Medium Term Notes/Schuldscheine | 0.00 | 0.00 |
| - Securities for retail investors | 0.43 | 0.43 |
| - Other (6) | 0.00 | 0.00 |
3. Change in Treasury Certificates stock (7) |
-13.46 |
-13.60 |
4. Change in outstanding 1-yr State Notes (8) |
21.89 |
21.89 |
5. Net change in other short-term debt and financial assets (9) |
-6.39 |
-4.51 |
(1) Forecast as of December 7th, 2023.
(2) The Federal State budget deficit is seasonal : e.g. tax revenues are notably higher in the second half of the year than in the first half.
(3) Including the OLOs and state notes maturing in 2023, bought back and held in portfolio.
(4) Including the OLOs and state notes maturing in 2024 or later, bought back and held in portfolio. As of January 1st, 2023, outstanding stock of medium and long term debt in euro maturing in 2024 totaled 29.67 billion euro.
(5) Including put/call options exercised on bonds and net redemptions of the treasury bonds representing Belgian participation in international organizations.
(6) Including EU loans (SURE) and net issues of treasury bonds representing Belgian participation in international organizations.
(7) Outstanding stock of Treasury Certificates on 01/01/2023 : 33.74 billion euro.
(8) Outstanding stock of State Notes on 01/01/2023 : 0.00 billion euro.
(9) This section includes residual financing instruments complementing the reference instruments mentioned in the previous section, including collateral margin changes. A positive figure represents an increase in the stock of residual financing and/or a reduction in financial assets.
(9) This section includes residual financing instruments complementing the reference instruments mentioned in the previous section, including collateral margin changes. A positive figure represents an increase in the stock of residual financing and/or a reduction in financial assets.
(10) Figures may not sum up to the total because of rounding.
