Government Bonds To Be Traded On Euronext’s Continuous Market Segment

Euronext Brussels and the Securities Regulation Fund today announce that a market segment for the continuous trading of Government bonds will be created. This decision has been taken following market demand and in line with similar earlier developments both at Euronext Amsterdam and Paris.

Concretely this means that at the launch, 21 OLOs(1) (Obligations linéaires/Lineaire obligaties) will be transferred from the single fixing segment to the continuous trading segment. Two liquidity providers(2) will permanently ensure the liquidity of this market, in order for this instrument to be more easily accessible to a wider range of investors. This initiative fits within the objective of the Belgian Treasury to bring the OLOs closer to the general public’s attention, while attracting a greater liquidity for investors in government bonds, including the large private investors as well as the insitutional investors.

Olivier Lefebvre, Member of the Managing Board and Executive Vice-President of Euronext said: “The creation of this market segment allows us to respond to market demand for a more flexible way of trading government bonds. At the same time, these instruments will be available to a larger number of investors through an increased range of intermediaries.”

Jean-Pierre Arnoldi, President of the Securities Regulation Fund (Fonds des Rentes) and Administrator General of the Belgian Treasury said: "We hope that the continuous trading of Belgian bonds on Euronext will contribute to attract new classes of investors to our products."

(1) list of the 20 OLOs: B257, B262, B268, B282, B283, B286, B288, B291, B292, B294, B295, B296B, B297B, B298B, B300, B301, B302, B303, B304, B305, B306.

(2) At the launch, the two liquidity providers will be Van der Moolen Obligaties B.V. (Trading code 29193) and AOT Securities B.V. (Trading code 29467).