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Issuing securities in the Euroclear group Maximise your funding opportunities
Issuing securities in the Euroclear groupMaximise your funding opportunities
Tapping into the capital marketsThe capital markets continue to offer a vital source of funding and liquidity for issuers. Access to a robust international investor base governed by well-established rules and practices is a major part of the appeal, as it provides a predictable cash flow to meet your financing needs. Funding your business while keeping costs low can be a challenge however. In today’s complex environment, the risk of incurring extra costs by failing to comply with local market practices, or anticipating global regulatory changes, has become all the more real.
As an experienced provider of issuance services across multiple jurisdictions, currencies and instrument types, Euroclear makes it easy for you to navigate these challenges and raise the funds you need in a cost-effective and efficient way. With a large and diverse international client base, we put you at the centre of the capital markets ecosystem so you can efficiently access investors in your home market and across the world.
Select the optimal structure for your security to meet your, and your investors’, needs
Your choice of:
• currency in which to raise funds• jurisdictional legal framework• instrument in which to meet your funding needs
Reach a wide range of investors to ensure access to the capital you require
Gain access to:
• leading international and diversified investor base• investors in all major markets• predictable cash flow so you receive your funds when you need them
Maintain investor loyalty should you choose to issue securities in the future
Your investors benefit from:
• access to secondary market liquidity• proven collateral management services • expert asset servicing (tax services, income processing and corporate actions)
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Benefits at a glance
An all-round service
We support the success of your funding effort before, during and after issuance by enabling you to:
• Access to a large global investor base – our client franchise comprises over 2,000 financial institutions in over 90 countries
• Wide range of options – choose from over 50 settlement and over 100 denomination currencies, as well as multiple instrument types and applicable legal jurisdictions
• Dedicated expert support – our experienced support teams guide you throughout the issuance process
• Same-day distribution – efficient distribution of securities to investors on the same day as issuance
• Increased transparency – shareholder and bondholder identification services give you a clear overview of your investors
Structuring your new issues
An evolving marketplace
We support the structuring of new issues across all asset classes to best meet the needs of issuers, intermediaries and investors. Whether you seek to issue in the international capital markets, or any of the domestic markets of the Euroclear group, we offer multiple prime depot structures.
ICSD issuance via Euroclear Bank
CSD issuance via the Euroclear CSDs in Belgium, Finland, France, the Netherlands, Sweden or UK & Ireland
Investor reach Access to a broad range of international investors
Access to a broad range of domestic and international investors (including T2S markets)
Jurisdiction Choice of issuance governing law Choice of issuance governing law1
Instruments Wide range of eligible instruments Wide range of eligible instruments
Currency • Settlement: over 50 currencies• Denomination: over 100 currencies
• Settlement: domestic currency2
• Denomination: domestic currency and major international currencies including EUR, USD, GBP and CNY
Cost Free of charge • Free of charge in France, the Netherlands, United Kingdom & Ireland
DVP primary distribution
Commercial Bank Money Central Bank Money
¹ In Euroclear UK & Ireland, issuance is restricted to the laws of the United Kingdom, Ireland, Jersey, Guernsey and the Isle of Man. 2 EUR settlement is also available in Euroclear Sweden.
Staying up on regulatory compliance
Increased regulatory scrutiny and compliance changes – both globally and in the local markets – impact all market participants, including the issuance community. Issuers now face more stringent reporting requirements and are likely to encounter additional regulatory hurdles down the line. You can rely on us to help you comply with regulations as they unfold so that you can safely and efficiently bring your securities to market and meet your funding needs.
Streamlined issuance in Europe – and beyond
In the new TARGET2-Securities (T2S) environment, issuers can benefit from streamlined access to European markets by centralising activity in one of our Issuer CSDs connecting to T2S (from Belgium, France, the Netherlands and Finland). We are the leading place of issuance in the T2S markets for all types of instruments, and our unified CSD and ICSD services provide you with a single access point to reach investors across Europe and worldwide.
Choose what’s right for you and your investors
© 2018 Euroclear Bank SA/NV. Euroclear is the marketing name for the Euroclear System, Euroclear plc, Euroclear SA/NV
and their affiliates. All rights reserved. The information and materials contained in this document are protected by intellectual
property or other proprietary rights. All information contained herein is provided for information purposes only and does
not constitute any recommendation, offer or invitation to engage in any investment, financial or other activity. We exclude
to the fullest extent permitted by law all conditions, guarantees, warranties and/or representations of any kind with regard
to your use of any information contained in this document. You may not use, publish, transmit, or otherwise reproduce this
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use of any products or services described herein shall be subject to our acceptance in accordance with the eligibility criteria
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Euroclear is a carbon neutral company PAS2060 certified • MA3703 • APRIL-2018euroclear.com
euroclear.com
About EuroclearEuroclear is one of the world’s largest providers of domestic and cross-border settlement and related services. We serve more than 2,000 financial market participants across the globe, for whom we hold close to €28 trillion of assets. We offer one of the most secure safekeeping environments in the world, and our consistent AA+/AA market rating reflects our stability and market position.
The Euroclear group includes the International Central Securities Depository (ICSD), Euroclear Bank, based in Brussels, as well as the national Central Securities Depositories (CSDs) of Belgium, Finland, France, Sweden, the Netherlands and UK & Ireland. We are a leading issuer CSD and settlement infrastructure service provider for Eurobonds and European domestic debt, with over €20 trillion worth of assets outstanding issued through Euroclear.
Euroclear Bank
Dan Kuhnel
+32 (0)2 326 9257
Euroclear Belgium
François Jubary
+32 (0)2 337 55 80
Euroclear Finland
Esa Kankkunen
+358 (0)20 770 6284
Euroclear France
Fabrice Arlais
+33 (0)1 55 34 56 79
Euroclear Nederland
Leon Veerman
+31 (0)20 552 15 23
Euroclear Sweden
Jacob Berglund
+46 (0)8 402 9251
Contact us
• International Capital Markets Association (ICMA) and International Capital Markets Services Association (ICMSA) – we play an active role in promoting the development and efficient functioning of the international capital markets across the asset servicing chain.
• Association of National Numbering Agencies (ANNA) – as one of the world’s leading numbering agencies, we actively support ANNA’s mission to promote the use of ISO standard identifiers.
• International Securities Market Advisory Group (ISMAG) – we are a founding member of ISMAG, helping issuers reduce costs and risks while making their securities more attractive to investors.
Focusing on efficiency
We work closely with the following industry groups to increase standardisation in the issuance process, and reduce risk and costs for both issuers and their investors.
For more information, contact our primary market specialists:
