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ARTICLE · 16 MAY 2013

Listing Of Specialised Debt On The ISE

Dillon Eustace
Dillon Eustace
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The Irish Stock Exchange is a leading global exchange for the listing of a range of debt securities.

IrelandFinance and Banking
James Richards
James Richards
Tara O'Callaghan
Tara O'Callaghan
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The Irish Stock Exchange

The Irish Stock Exchange ("ISE") is a leading global exchange for the listing of a range of debt securities, including asset backed, structured finance, high yield bonds, MTNs, derivatives, commercial paper, covered and convertible bonds and global depository notes. The ISE operates two markets for debt securities, the Main Securities Market ("MSM") and the Global Exchange Market ("GEM").

The MSM of the ISE is an EU Regulated Market as defined under the Markets in Financial Instruments (Directive 2004/39/EC) ("MiFID"). It is the pre-eminent market for the listing of structured bonds, representing approximately 80% of asset backed security issues seeking a listing in Europe. Only issuers who have had a prospectus approved by the Central Bank subject to the Prospectus (Directive 2003/71/EC) Regulations 2005 (the "Prospectus Regulations") are eligible to be admitted to trading on the MSM.

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