The listing of bonds implies that the amount of the bond loan being admitted may not be lower than 20.000.000$00. The payment of capital and interest must be fairly guaranteed and found to be substantiated (article. nº38º, of law nº 52/V/98 of the Collection of Cape Verde’s Capital Market Legislation).

Convertible bonds and bonds of other securities that give the right to the subscription or acquisition of shares may only be admitted to listing if the shares referred thereto have already been previously admitted to listing or were admitted simultaneously. Admission to listing may be authorized without compliance, if the stock Exchange considers that the bondholders have all the information necessary to make the informed assessment of the share value with the regard to said bonds. (article 38º nº4, of  Law nº 52/V/92 of the Collection of Cape Verde’s Capital Market Legislation ).

Emission Costs:

1.   AGMVM Registration Fee– 100.000$00 CVE – (article. 3.º Regulation 1/2005 do BCV).
2.   Fee for the Admission to Listing 1,5‰ (0,0015) with the maximum of 1500.000$00 CVE
     Stock Exchange Fee for the carrying out of a Public Offer is 1‰ (0.001), (article 7º of the Regulation 1/2005of the Cape Verde Stock Exchange).   
3.   The custody of dematerialized securities is 0,5‰ (0.0005) – (article 12.º of regulation 1/2005 do BCV).  
4.   There exist costs for the publicizing of the offer in the press that also figures into the agency’s publicity   The Financial Intermediary that heads the operation collects a fixed amount for the placement of securities in the market and as an auxiliary is alternately responsible with the emitting agency.