Author: BondAuction – bondauction.com
BondAuction Europe B.V. is pleased to announce it has been licenced by The Dutch Authority for Financial Markets (AFM) for the provision of investment services in the Netherlands. This follows the approval by the FCA for BondAuction Primary UK Ltd.
BondAuction has completed onboarding with some clients and is preparing for the first executions to be hosted on the platform.
BondAuction will continue to deliver innovation and collaboration into the Primary Debt Capital Markets space and to improve the process for Issuers, Underwriters, and Investors alike.
About BondAuction
- Established by former Capital Markets and Bond Syndicate professionals, alongside Technology entrepreneurs, the BondAuction platform allows institutional investors to submit bids for primary debt capital market bond issues
- The bids are displayed to the Issuer and Underwriters of the deal, allowing for a fast and informed decision making process when setting terms
- The platform allows issuance for a range of structures and currencies, and for the Issuer and Banks to set additional allotment parameters based on Investor Type, Geography, or concentration risk. These are communicated to the market at deal announcement
- The auction process allots bonds on a Best Price Basis
