Bonds already approved for trading on seven international markets, including the New York Stock Exchange (pictured), will gain express authorisation for listing on the Luxembourg Stock Exchange under the bourse’s “Fastlane” initiative. Photo: Tomas Eidsvold/Unsplash

Bonds already approved for trading on seven international markets, including the New York Stock Exchange (pictured), will gain express authorisation for listing on the Luxembourg Stock Exchange under the bourse’s “Fastlane” initiative. Photo: Tomas Eidsvold/Unsplash

The Luxembourg Stock Exchange has expanded its potential pool of international bond listings with the extension of its “Fastlane” scheme.

Seven non-European markets have been added to the Luxembourg Stock Exchange’s “Fastlane”, its streamlined system for listing bonds on its self-regulated platform.

“Fastlane caters to non-European sovereign, sub-sovereign and agency (SSA) issuers, as well as corporate issuers with shares listed on an EU regulated market or one of the seven equivalent markets” in the programme, the bourse stated in an announcement on 15 January 2025. “These issuers enjoy an exemption from the formal approval of their prospectus for admissions of debt securities on the Euro MTF, facilitating a smoother path to market participation.”

“Remarkably, 49% of issuers on Euro MTF hail from outside the European Union, choosing LuxSE as their gateway to the European capital markets,” the exchange said on its website.

Bourse brochures said there are more than 75 non-European SSA issuers on the Euro MTF, including from Brazil, Canada, Japan and Mexico, and more than 750 corporate issuers, such as América Móvil, Bosch, Lafarge and Nissan. “MTF” stands for multilateral trading facility.

The Fastlane programme started in 2022 with the aim of attracting more international bond issuers.

The seven authorised markets are the Abu Dhabi Securities Exchange (ADX); Brasil, Bolsa, Balcão (B3); Hong Kong Stock Exchange (HKEX); Korea Exchange (KRX); London Stock Exchange (LSE); Nasdaq US Stock Market; and New York Stock Exchange (NYSE).

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