Procedures for the regulated market (Official Market) and the Vienna MTF

On the Vienna Stock Exchange, the admission to listing or inclusion in trading (MTF) of bonds and issuance programs is characterized by fast procedures and attractive fees. When an issuance program is admitted to the Vienna Stock Exchange, no separate admission procedures are required for each of the individual bonds. Trading in the bonds may start as quickly as two days after the Vienna Stock Exchange has received the bond terms.

The admission of bonds to listing must be applied for by the issuer for the admission segment regulated by law (Official Market). Bonds are included in trading in the Vienna MTF upon the request of a credit institution, an investment firm, a law firm or the issuer itself.

  • The Official Market is a regulated market under MiFID.
  • The admission to listing or the inclusion in trading of issuance programs may be granted for the Official Market and/or the Vienna MTF.

Below is a brief overview of the regulated market and the multilateral trading facility (Vienna MTF):

Official MarketMTF
ApplicantIssuer plus
stock exchange member

Law firm
or EEA credit institution
or EEA investment firm
or issuer

Min. issue sizeEUR 250,000No requirement
Prospectusrequired (exemptions possible,
see later)
No requirement
Min. no. of units No requirementNo requirement
Free floatNo requirementNo requirement

Fees for bonds

Steps to Listing

The following steps are necessary for a listing or inclusion in trading:

  • Informal contact with the Vienna Stock Exchange
  • Submission of the required documents to Vienna Stock Exchange
  • Admission and listing procedure
  • Start of trading

Listing on the regulated market is normally subject to the preparation of a prospectus. However, the Austrian Stock Exchange Act (§ 75 para. 2) and the Capital Market Act grant the following exemptions from the obligation to publish a prospectus:

  • Bonds issued by the Republic of Austria, the Austrian federal states or EEA member states provided the following requirements are met: “Automatic” admission by law (§ 41 Abs. 2 Stock Exchange Act) to the Official Market; after submission of the terms and conditions of the bond and of request for admission to listing, the bond may start trading two days later.
  • Bonds issued by a public body of an EEA member state:
    • Admission for listing to the Official Market without a prospectus.
  • Bonds guaranteed by the Republic of Austria, by an Austrian federal state, by an EEA member state or by a public body of an EEA member state:
    • Admission for listing to the Official Market without a prospectus.

For more detailed information on the topic of "Admission and listing of bonds", please contact:

Maria Auer

Listing Services

+43 1 531 65-262

Silvia Stenitzer

Listing Services

+43 1 53 165-269

Matthias Szabo

Director Debt Listing

+43 1 531 65-234



Laura Szepesi

Listing Services

+43 1 531 65-174


Sadko Tajic

Relationship Manager Debt Listing

+43 1 531 65-216

Dimitrios Tsaousis

Senior Relationship Manager Debt Listing

+43 1 531 65-135

Florian Vanek

Listing Services

+43 1 531 65-260