Low denomination bond: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
(Create page - sources - Linked pages.)
 
(Mend link.)
 
(3 intermediate revisions by the same user not shown)
Line 1: Line 1:
''Bonds - denominations - retail - regulation - Financial Conduct Authority (FCA).''
''Debt capital market (DCM) - bonds - denominations - retail - regulation - Financial Conduct Authority (FCA).''


(LDB).
(LDB).
Line 24: Line 24:
* [[Financial Conduct Authority]]  (FCA)
* [[Financial Conduct Authority]]  (FCA)
* [[Investor]]
* [[Investor]]
* [[Issuer]]
* [[Order book for Retail Bonds]]  (ORB)
* [[Order book for Retail Bonds]]  (ORB)
* [[PRIIPs Regulation]]
* [[PRIIPs Regulation]]
Line 30: Line 31:
* [[Retail bond]]
* [[Retail bond]]
* [[Retail inclusion]]
* [[Retail inclusion]]
* [[UK Public Offers and Admissions to Trading Regulations 2024]]  (POATR)
* [[Wholesale bond]]
* [[Wholesale bond]]


Line 45: Line 47:


*[https://www.fca.org.uk/publication/call-for-input/non-equity-securities-engagement-paper-4.pdf Engagement paper - non-equity securities - FCA - May 2023]
*[https://www.fca.org.uk/publication/call-for-input/non-equity-securities-engagement-paper-4.pdf Engagement paper - non-equity securities - FCA - May 2023]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]
[[Category:The_business_context]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]
[[Category:Financial_products_and_markets]]
[[Category:The_business_context]]
[[Category:The_business_context]]

Latest revision as of 22:40, 21 December 2024

Debt capital market (DCM) - bonds - denominations - retail - regulation - Financial Conduct Authority (FCA).

(LDB).

A low denomination bond is a bond with a small enough denomination to be accessible to retail investors.


Serious consideration to retail inclusion
"Given the substantial benefits of retail inclusion to both issuer and investor, [the FCA's delay in implementing reforms] has been frustrating.
However, it should probably be taken as a positive sign that the FCA are giving retail inclusion (through removing the barriers to using low denomination bonds (LDBs)) serious consideration in order to avoid unintended consequences."
Michael Smith, Head of DCM at Winterflood Securities - The Treasurer online - December 2024.


See also


Other resources