The London Stock Exchange is one of the world’s major centres for the issuing and listing of all types of debt securities. The Professional Securities Market accommodates a range of securities from simple Eurobonds and credit-linked notes to complex asset-backed issues, high yield bonds and convertible or exchangeable bonds.
The Professional Securities Market can admit debt securities of any denomination under a wholesale regime. This is particularly useful for professional investors who want to pursue a debt listing.
Many investors can only buy debt instruments that are listed on a Recognised Investment Exchange. As Europe's largest and the world's most international financial market, it is the Exchange's role to provide efficient and well-regulated markets for both bond issuers and investors.
Working together with the regulator
The Exchange works closely with the UK Listing Authority (UKLA) to offer clear and consistent guidance for issuers and their advisers. This working relationship also helps ensure the tight turnarounds that are so important for debt issuers.
Our dedicated teams are committed to very tight turnaround times. Documents submitted will be given full and immediate attention. The UKLA also works under a very transparent and clear schedule with the first comments provided within 4 working days for most issues. We also provide support and advice for advisers and issuers in order to ensure that the issuing process is as quick and efficient as possible.
Since the Professional Securities Market is a listed, exchange regulated market, there are eligibility criteria and ongoing obligations that issuers must fulfil to admit securities to this market.