Serving the Quantitative Finance Community
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- mapleleafs
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Bond Listing
What is the purpose of bond listing?usually i saw bonds are listed on Lux, Netherlands, or Singapore......why do they list the bond? isn't it OTC?
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- cemil
Bond Listing
even if most bonds are traded in OTC market, some markets list bonds. For example, luxembourg, germany, italy....
Bond Listing
Usually it's a legal requirement--the bonds must be listed somewhere so that issuers can file reports to prove they're in compliance with the terms and conditions of the bonds. In places like Luxembourg, the filing requirements are actually pretty lax, but they do exist. It's pretty much legal cover for issuers.