BRUSSELS Nov 19 Belgian financial group KBC
will issue 10 billion euros ($12.7 billion) worth of
bonds backed by Belgian residential mortgages over the coming
years, the group said on Monday.
KBC said it aimed to issue between 2 and 3 billion euros of
bonds every year and that the first issue should follow shortly.
"We welcome this opportunity to further diversify our
investor base and long-term funding mix," the group's chief
financial officer said in a written statement.
The group has appointed Deutsche Bank, DZ Bank, Goldman
Sachs, KBC and Natixis as joint lead managers of the bonds.
($1 = 0.7871 euros)
(Reporting By Robert-Jan Bartunek)