Directive on
the Procedures for Debt Securities
(Directive Procedures Debt Securities, DPDS)

Table of contents

• I. General provisions
• Art. 1: Substance
• Art. 2: Scope of applicability
• II. Listing procedure
• A. Principle
• Art. 3: Application and deadlines
• Art. 4: Annexes to the application
• Art. 5: Additional annexes to the application
• B. Special provisions
• 1. Increase of securities
• Art. 6: Requirement for the listing of additional bond tranches
• Art. 7: Listing procedure for additional bond tranches
• 2. Correction of erroneous information
• Art. 8: Procedure
• 3. Derivatives with short terms to expiry
• Art. 9: Definition
• Art. 10: Direct listing
• Art. 11: Provisional admission to trading
• III. Registration procedure for issuance programmes
• A. Registration of an issuance programme
• Art. 12: Application and deadlines
• Art. 13: Annexes to the application
• B. Update to an issue programme
• Art. 14: Application and deadlines
• Art. 15: Annexes to the application
• C. Supplements/Addenda
• Art. 16: Application and deadlines
• Art. 17: Decision
• Art. 18: Additions as a result of ongoing financial reporting and course of business
• IV. Listing of debt securities with new structures
• Art. 19: Principle
• Art. 20: Procedure
• V. Provisional admission to trading
• Art. 21: Scope
• Art. 22: Approval of a new issuer of derivatives
• Art. 23: Preverification of new issuers of bonds
• Art. 24: Application
• Art. 25: Deadlines for bonds
• Art. 26: Deadlines for derivatives
• VI. Internet-based listing ("IBL")
• A. General provisions
• Art. 27: Use
• B. Procedure in case of erroneous entries
• Art. 28: Principle
• 1. Changes during the approval period
• Art. 29: Procedure
• 2. Changes after the approval period
• Art. 30: Fixed core data
• Art. 31: Correction of price-relevant core data
• Art. 32: Correction of non-price-relevant core data
• Art. 33: Electronic processing
• VII. Final provisions
• Art. 34: Entry into force
• Art. 35: Transitional provision