Financial Instruments
The regional debt management policy aims to minimize the cost of borrowing and to manage the outstanding debt in a secure manner.
Wallonia pursues an objective of diversifying its investor base by essentially using the following financial products:
- Contract Cashier and its credit line;
- Loans made under domestic MTN programmes;
- Private placements made under EMTN programme, including issues in benchmark size, either conventional or green, social and / or sustainability types of bonds.
- Private placements Schuldschein type.
The table below summarizes the size of the various financing programmes of Wallonia as of May 31th, 2022.
Financial products | Banks | Amounts (€ million) |
Credit line of the cashier | Belfius Bank | 3 250.00 |
MTN programme | Belfius Bank | 2 500.00 |
MTN programme | BNP Paribas Fortis | 1 250.00 |
EMTN programme |
Belfius et HSBC |
25 000.00 |
Total (nominal value) | 32 000.00 |