Listing (TPBM)
There are two methods for issuing bonds on PRO-BOND: program and individual listings.
About Program Listings
Q. What is meant by “Program Information”? What is to be gained by presenting it? What obligations are incurred upon doing so?
Q. What is the relationship between Program Information and Specified Securities Information?
Q. Must we submit Program Information?
Eligibility Criteria
- The securities to be listed must have a rating from a rating agency.
- The security firms acting as principal underwriters for the issuance must be registered on TOKYO PRO Market’s list of lead managing underwriters.
Q. Are there any necessary conditions for utilizing Program Information?
Listing Application Forms
Q. You mean that it is possible to use some form other than Form No. 5 to submit Program Information?
Timeline for Listings
Q. What is the standard schedule for a listing based on Program Information?
Standard schedule
| D-4 | Determination of terms, filing of listing application |
| D-3 | Listing approval |
| D | Payment date |
| D+1 | Listing |