Low denomination bond
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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
- Association of Corporate Treasurers (ACT)
- Bond
- Corporate bond
- Debt capital market (DCM)
- Denomination
- Dual disclosure standard (UK - FCA)
- Financial Conduct Authority (FCA)
- Investor
- Issuer
- Order book for Retail Bonds (ORB)
- PRIIPs Regulation
- Regulation
- Retail
- Retail bond
- Retail inclusion
- UK Public Offers and Admissions to Trading Regulations 2024 (POATR)
- Wholesale bond
