Debt Capital Markets · glossary

Home Member State

The EU country whose regulator approves a prospectus. For bonds of €1,000 or more each, the issuer may choose its own country or the country where the bonds will be listed. Valkenrade is Dutch but chose Ireland, so the Central Bank of Ireland approved its Prospectus. Chapter 2 · see Regulated market

Explained in Chapter 2, Choosing the Market: Euronext Dublin’s Regulated Market, of Debt Capital Markets.

How it comes up, in Chapter 2
A prospectus is approved by the regulator of the issuer’s home Member State, the EU country in charge of it. The rules let the issuer choose that country for bonds worth €1,000 or more each. It may pick the country of its registered office, or the country where the bonds will be listed. Valkenrade’s smallest holding is €100,000, so it could choose its own country or Ireland.
Read Chapter 2, Choosing the Market: Euronext Dublin’s Regulated Market →

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