The government of Belgium sold over 2 billion euros of bonds hitting the expected range despite recent downgrade of its rating by Standard & Poor Rating Services. Bids surpassed supply 2.6 times. The Belgian Debt Agency expected to sell from 1.5 billion to 2 billion euros of bonds in total. The yield on 10-year government bonds decreased by 9 basis points to 5.69%, reported FactSet Research.