by Niels Saelens
published on Saturday, September 16, 2023 at 2:15 PM •
4 min read
The government was able to raise almost 22 billion euros with the issuance of the one-year government bond. Despite this overwhelming success, Vincent Van Peteghem, Minister of Finance, failed in his aim: to boost savings interest rates. Experts note that some side effects will soon come to light.
Why is this important?
This contribution comes from the Money Insider newsletter. Every week, journalist Niels Saelens sheds light on current events in the financial world in this newsletter. Through this link you can subscribe to his weekly newsletter.
Everyone who subscribed to the government bond now normally owns the government bond. However, there is a chance that not all savers who have entrusted part of their capital to the state now have the so-called Van Peteghem voucher. Several banks had difficulty processing all applications. If the payment has been received into the Debt Agency’s account after September 1, the government agency will refund the money.
Vincent Van Peteghem (CD&V), minister of
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2023-09-16 12:15:34
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