SWX Swiss Exchange: Online Admission Of Bonds

The SWX Swiss Exchange is now introducing Internet Based Listing (IBL) for bonds, thereby extending the functionality of IBL, which has already been in use for derivatives since December 2002 and met with great success within a short period of time. All listing applications for derivatives are now submitted and processed online. The main benefits of the new service are: less work for banks and issuers in connection with listing applications, less time involved and a better quality of data. In addition, issuers can determine the status of their applications at all times. With IBL, the SWX provides an efficient and standardized solution for bonds, warrants and structured products.