Listing a bond on the Euro MTF

Our Euro MTF is a multilateral trading facility (MTF) and exchange-regulated market. 

Listing a bond on the Euro MTF

Listing on the Euro MTF will require submission of a prospectus to LuxSE. Once the prospectus has been reviewed and approved, the security will be listed and admitted to trading.

  • In order to list on the Euro MTF, the bond must fulfil the following criteria:

    • Minimum issue size of €200.000, or equivalent value in other currencies
    • Bond should be eligible for clearing and settlement
    • Bond should be freely negotiable and fungible

    See Part 1, Chapters 5 and 7 of the Rules and Regulations for full details of our listing requirements.

  • File a prospectus
    To begin the listing process, complete the following documents and send them to

    • A copy of the prospectus
    • Application form
    • Undertaking letter

    Prospectus review
    A first set of comments on a complete draft prospectus will be sent to you within a maximum period of three business days from the date of receipt of the filed application.

    Additional comments following submission of an updated draft prospectus will be provided within a maximum of two business days after submission.

    In the majority of cases, we are able to revert to you in less than 24 hours after submission of the updated draft prospectus.

    Final submission
    Listing can only take place once the prospectus is clear of comments and after receipt of the following:

    • Final version of the prospectus
    • First listing price (current market price)
    • Closing confirmation
    • Split of RegS - Rule 144A Notes (if applicable)

    For more information about the application process, see Part 1, Chapter 4 of our Rules & Regulations.

  • All fees are paid to LuxSE and priced in euros.

    • Approval fee 
      (if and as applicable)
      First listing Subsequent listing Supplement
        2,750 1,250 750
      Listing fee First listing Subsequent listing Fungible
        1,500 800 800
      Maintenance fee
      per security per year
      Issued amount
      (in € million)
      First listing Subsequent listing
        Up to 50 500 400
        Up to 100 650 450
        Up to 500 700 500
        More than 500 800 700
    • Structured investment products are structured notes, warrants or certificates that are based on an underlying security, stock, commodity or other financial instrument, and are issued by a credit institution or affiliate.

      Approval fee
      (if and as applicable)
      First listing Subsequent listing Supplement
        2,500 1,000 600
      Listing fee First listing Subsequent listing Fungible
        1,000 600 600
      Maintenance fee Per security per year

      Maintenance fees are charged per ISIN and are payable up front for up to a maximum of 20 years.

    For more details about fees, see our listing fees booklet.

  • After listing and admission to trading, issuers must fulfil specific reporting obligations. For example, issuers must file information and scheduled corporate events with LuxSE. Details are contained in Chapters 9 and 10 of LuxSE’s Rules & Regulations.

    Issuers on the Euro MTF can take advantage of LuxSE’s FIRST, an integrated tool that enables issuers to publish and disseminate information. By using FIRST, you will fully comply with all regulatory reporting obligations.

  • In the context of MiFID II / MiFIR and MAR, the LuxSE is obliged to collect a ‘Legal Entity Identifier’ or ‘LEI’ code from any issuer operating on its regulated market (Bourse de Luxembourg) and on its Multilateral Trading Facility (Euro MTF) and communicate it to the relevant supervisory authorities.

    You can apply for and renew an LEI code directly via LuxSE.

    LEI code

Do you need further information?

Contact us

Alex Picco

Head of Listing

+352 47 79 36 261