MTS Belgium




Instruments

Obligation Linéaires (OLOs)
OLOs are medium and long- term debt securities denominated in euro and issued in dematerialised form.
OLOs are issued in tranches, which form a line. Each line has an identical nominal interest rate and maturity. OLOs are issued through a multiple price based auction or alternatively through a syndication and are reimbursed at par.

Currently, OLO securities ranging from 0 to 30 years maturity are traded on MTS Belgium, though only the securities with a maturity longer than 1 year are subject to quoting obligations.

Listed securities subject to quoting obligations are
divided into four different maturity buckets:

  A   1.25- 3.5y

  B   3.5- 6.5y

  C   6.5- 13.5y

  D   13.5y

Belgian Treasury Certificates (BTCs)
BTCs are short- term bills with maturities of 3, 6 and 12 months.

They are denominated in euro and issued in dematerialized form on a bi-monthly basis through a yield- based auction. Currently 12 lines are listed on MTS Belgium.

Listed securities are divided into
three different maturity buckets:

  A   up to 3 months

  B   up to 6 months

  C   up to 12 months

BPO (strips)
BPO are the principle of stripped OLOs. For the purpose of quoting obligations, are they divided into 2 maturity buckets: A (1.25 – 13.2y) and B (>13.5y)

Selected Securities

Following is the list of Belgian securities as of
This list is updated on a monthly basis