Listing and quoting debt securities
Listing and quoting debt securities on ASX provides access to a diverse capital pool and world-class market
Companies seeking to raise debt finance take advantage of quoting debt securities on ASX for many of the same reasons that they quote shares. These include:
Find out more in the Simple Guide to Listing and Issuing Debt Securities:
Debt securities that are listed can be either:
Making them accessible to a broad range of retail and professional investors.
Over-the-counter (OTC), non-quoted securities offer issuers the advantages of not requiring a prospectus, and reduced costs and complexity which can be appropriate where your target market is wholesale or institutional investors.
The decision as to whether your debt securities are quoted or non-quoted impacts where they trade and how they are cleared and settled. The diagram below illustrates the different aspects of quoted and non-quoted debt securities and the alternatives for either ASX Clearing and Settlement Facility.
For more information, download the Guide to Listing Debt Securities. The purpose of the Guide is to provide a brief overview of listing and quoting debt securities on ASX, and the requirements that need to be met for quotation of such securities on ASX Trade. The term ‘debt securities’ in this guide refers to ‘vanilla’ debt securities (e.g. Medium Term Notes carrying a fixed or floating rate of interest, and no conversion rights to equity).
