Article 60
The debt securities must be freely negotiable.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
The debt securities must be freely negotiable.
Where public issue precedes admission to official listing, the first listing may be made only after the end of the period during which subscription applications may be submitted. This provision shall not apply where the closing date for subscription is not fixed.
The application for admission to official listing must cover all the securities ranking pari passu.
1. For the admission to official listing of debt securities which are issued by a Member State or its regional or local authorities in a physical form, it is necessary and sufficient that such physical form comply with the standards in force in that Member State. Where the physical form does not comply with the standards in force in the Member State where admission to official listing is applied for, the competent authorities of that state shall bring this situation to the attention of the public. 2. The physical form of debt securities issued by non-member countries or their regional or local authorities or by public international bodies must afford sufficient safeguard for the protection of the investors. TITLE IV OBLIGATIONS RELATING TO SECURITIES ADMITTED TO OFFICIAL LISTING CHAPTER I Obligations of companies whose shares are admitted to official listing Section 1 Listing of newly issued shares of the same class
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