Definition

  • OLO (Linear bonds)

    Long-term bonds issued by the Belgian State with a fixed interest rate, duration and redemption price. They are issued in two-monthly tranches and the issue price is determined by tendering.. They are dematerialised and are recorded in an account and purchase and sale transactions are effected via the National Bank of Belgium’s clearing system or through other securities depository centres such as Euroclear or Clearstream..