Bonus Issue (BONU):

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Bonus Issue (BONU)

Status: Finalised Last Updated: 24 May 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)