, the LuxXPrime platform started with 260 liquid bonds, of which 12 were green bonds, representing 71 issuers from nine countries. As of 1 September 2024, the total number of securities in the LuxXPrime selection has surpassed the 2,000-mark, the Luxembourg Stock Exchange announced in a communiqué. LuxSE runs the platform, in collaboration with Euwax AG, a subsidiary of Boerse Stuttgart and the primary liquidity provider.
There were 1,532 securities available in January 2024, marking an increase of nearly 500 securities in the first eight months of the year. The platform now includes 800 sovereign, sub-sovereign and agency bonds, added LuxSE.
According to the latest LuxXPrime performance report, the United States Department of the Treasury has issued 175 bonds; the Luxembourg-based European Investment Bank has issued 81 bonds; the Republic of Italy 57; the International Bank for Reconstruction and Development (the lending arm of the World Bank Group) 56; Bundesrepublik Deutschland 51; the European Union 37; the French Republic 29; the Asian Development Bank 24; and the Republic of Poland 19. The grand duchy has issued two.
Other issuers include Allianz Finance, American Express, Apple, Bank of America, BMW Finance, Citigroup, Deutsche Bahn Finance, Deutsche Bank, ENBW International Finance, Goldman Sachs Group, JPMorgan Chase, Mercedes-Benz International Finance, Mizuho Financial Group, Morgan Stanley, Nestle Finance International, Siemens Financieringsmaatschappij, the Walt Disney Company, Thermo Fisher Scientific, Toyota Motor Credit Corporation, Vodafone Group, Volkswagen Financial Services, Volvo Treasury and Wells Fargo.
350 GSSS bonds available for trading
The platform also counts 225 green bonds, 37 social bonds, 70 sustainability bonds and 18 sustainability-linked bonds, according to its September update. Green bonds have seen the most growth since the launch of the platform, climbing from 12 to 225 in five years.
Green, social, sustainability and sustainability-linked (GSSS) bonds make up roughly 17% of the total number of securities on LuxXPrime.
Making bond trading more accessible
By providing a “dedicated space for retail-sized bond trades,” LuxXPrime offers investors “a broader range of options,” helps “foster portfolio diversification” and makes bond trading more accessible, said a blog post published by LuxSE’s Aris Erdogdu in January 2024. “In 2023 alone, the number of trades in the LuxXPrime segment of securities increased threefold.”