The new process for the admission to trading of wholesale notes or bonds on the AIAF market

On 18 September, Article 63 of Law 6/2023, of 17 March, on Securities Markets and Investment Services (the “LSMIS“) will enter into force. From that date, the verification of the requirements for admission to trading on AIAF Fixed Income Market (“AIAF“) will be the responsibility of its governing body.

The following is a summary of the procedures that issuers must carry out with the CNMV and AIAF for the admission to trading of wholesale notes or bonds (i.e., with denominations equal to or greater than EUR 100,000) issued on a stand-alone basis or under a programme, following the disbursement of the issuance.

Consult the full content of the Legal Briefing here.