10 February 2026
KDPW Accelerates Registration of Securities via Issue Agent
Starting on 9 February 2026, it is possible to register investment certificates, bonds and covered bonds through an Issue Agent on the day of submitting the registration application (R+0), provided that the application is submitted in the Issue Registration application by 11:00 a.m.
The date of registration of securities can be set in the application form. Prior to the change, registration was possible at the earliest on the next business day after the form was correctly completed (R+1).
The possibility of registering bonds, covered bonds and investment certificates through the Issue Agent and via the online application was opened by KDPW in July 2019. This solution results from the Act of 9 November 2018 amending certain acts in connection with strengthening supervision of the financial market and investor protection on that market.
The role of the Issue Agent is to verify the correctness of documents related to the issue of securities. If the Issue Agent’s opinion is positive, the Issue Agent registers the securities with KDPW on behalf of the issuer. The function of Issue Agent is performed by selected banks and brokerage houses – KDPW participants. Currently, 24 entities hold this status.
In 2025, Issue Agents registered 1,656 securities issues with KDPW, including 1,227 bond issues, 423 investment certificate issues, and 6 covered bond issues.
The date of registration of securities can be set in the application form. Prior to the change, registration was possible at the earliest on the next business day after the form was correctly completed (R+1).
The possibility of registering bonds, covered bonds and investment certificates through the Issue Agent and via the online application was opened by KDPW in July 2019. This solution results from the Act of 9 November 2018 amending certain acts in connection with strengthening supervision of the financial market and investor protection on that market.
The role of the Issue Agent is to verify the correctness of documents related to the issue of securities. If the Issue Agent’s opinion is positive, the Issue Agent registers the securities with KDPW on behalf of the issuer. The function of Issue Agent is performed by selected banks and brokerage houses – KDPW participants. Currently, 24 entities hold this status.
In 2025, Issue Agents registered 1,656 securities issues with KDPW, including 1,227 bond issues, 423 investment certificate issues, and 6 covered bond issues.
