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New label

(Note: Please refer to the “Label maintenance” page if the programme is already STEP labelled.)

New Label Process

Programme application cycle

All is explained in the STEP Market Convention.

As a summary:

Send by email the following executed documents:

- a signed Application form and Declaration of Adherence to the STEP Market Convention.;

- a completed information memorandum, including any applicable supplements.

Other mandatory documents to be provided (depending on specificities of the programme)

- electronic copies of or active hyperlinks to the last two approved annual reports (if any) and financial accounts (consolidated, if any) or equivalent documents;

- the auditors’ opinion on annual accounts (or refer to the above documents if included in one of them);

- direct hyperlinks to the credit rating agencies’ websites;

- a copy of the full text of the guarantee (if any). If the guarantor belongs to the category of general government (e.g. central government or local authority), the text of the guarantee can be substituted, when appropriate, by the text of the relevant rules applicable to the guarantee;

- at the option of the issuer, any other relevant information (including but not limited to : legal opinion, rating letters regarding the issuer).

All newly submitted Information Memorandums should follow strictly and formally the templates provided herein.





Application form - Declaration of Adherence
Single Issuer Not Guaranteed
Single Issuer Guaranteed
Multi-jurisdiction programme
Multi Issuers
Supplemental Information Memorandum
Summary Document

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