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Bonus Issue (BONU)
SFTR Report - NEWT | Corporate Action Cluster - Addition Sec on Loan | Cash Move - Y>
Status: Best Practice Finalised, Last Updated: 24/05/2021
SFTR Report - NEWT | Corporate Action Cluster - Addition Sec on Loan | Cash Move - Y
Description:
Bonus, scrip or capitalisation issue. Security holders receive additional assets free of payment from the issuer, in proportion to their holding.
Best Practice:
When booking a Bonus Issue, a loan contract should be booked in addition to the current contract with your counterparty on the pay date of the event. (COAC-39)
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Corporate Actions Best Practice 
