STEP Market | Value for issuers

Value for issuers

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Apr 30, 2013
A new label has been granted:
National Bank of Abu Dhabi, PJSC, French Certificats de Depot – STEP ID 0002535

Mar 26, 2013
A new label has been granted:
Coface SA French Billets de Trésorerie – STEP ID 0002524

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Why endorse the STEP label?

Label of visibility and transparency
Eligibility for ECB market operations
Requirement to list ECPs on NYSE Euronext
Publication of weekly statistics by ECB and on the STEP website
Limited cost for establishing the information memorandum Promotion of short term European market through a convergence of existing markets
Potential disadvantage in case of not being involved (STEP is a must-have)

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