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Size of E6-8bln for new 10-year OLO still likely in our view

BELGIUM

To put that into perspective:

  • Book sizes were EUR28.5bln and EUR27.5bln respectively for the 10-year OLO launches in Jan 2019 and Jan 2020. The size was set at E6.0bln for both of these.
  • The largest ever Belgian book size was in excess of E55bln for the 7-year OLO launch in March 2020. That deal saw E8.0bln sold.
  • We continue to expect a deal size in the region of E6-8bln.

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