Listing procedure

The listing procedure for debt securities (bonds and derivatives) is essentially based on the Directive Procedures Debt Securities (DPDS).

Bonds may be admitted to provisional trading within three trading days after the application is submitted via Internet Based Listing (IBL). The issuer is required to submit a listing application no later than two months after provisional admission to trading.

The listing prospectus must be published no later than the day of listing.

New issuers are subject to a preverification procedure before their bonds can be admitted to provisional trading. 

The suitability for listing of new transaction structures must first be assessed for provisional admission to trading by the Regulatory Board.

Procedure