Q. What types of projects?
Q. What project size?
Q. I want to propose a project for a private company
Q. I want to propose a project for a public entity (City, Municipality, Region)
Q. Which citizens can participate?
2. How to prepare a ComboBond?
Q. What is the maximum amount that can be raised?
- Segment 1: No formalities for a ComboBond of less than € 500.000 with maximum tickets of € 5.000 per citizen.
- Segment 2: for ComboBonds - either - for an amount of less than €500,000 with maximum tickets exceeding €5,000 - or - for an amount between €500,000 and €5 million, an Information Note with regulated content must be sent to the FSMA. This Information Note is automated by ECDB.
- Segment 3: more than EUR 5 million: a prospectus must be approved in advance by the FSMA. This prospectus can be produced by ECDB.
Q. What are the options: duration, recurring repayments, interest rate?
Q. How can you make sure that the ComboBond will be attractive enough for citizens?
Q. Can I get a capital franchise?
Q. Which indicator should I choose to vary the interest rate?
3. What are the steps to launch a ComboBond ?
Q. Step 1 Test (2 minutes)
Q. Step 2 Preparation (1 week)
Q. Step 3 Launch: (2 weeks)
Q. Step 4 end of the subscription period (1 month)
4. And once I have collected the money?
Q. Who do I pay it back to?
Q. Do I have to do anything else in addition?
Q. Do I have to repay the amount net or gross?
Q. Do I need an ISIN code? Is there a secondary market?
Q. How is the revision of the variable interest rate?
Q. Do I need a label and how much does it cost?
5. I want to invest in a project
Q. What are the projects?
Q. How are they selected?
Projects are selected in two stages.
The first stage consists of analysing the reality of the project's positive impact on people or the environment.
The second consists of analysing the financial soundness of the project (credit analysis).
All this is carried out by a team supervised by the former Global Head of International Credit of a major bank who has been an expert in sustainable financing since 2015. The result of the analysis is communicated to you in an exhaustive information note.
It is then up to you to make your choice on the basis of this information.
Q. How do I know when a new ComboBond is released?
Q. Can I invest in a municipal or city ComboBond?
Q. How much can I invest?
With the 10/10 principle, it is generally accepted that you spread your risk.
Step 1: Calculate how much money is available that you will not need for 10 years. This is important because most ComboBonds are long-term investments and your money will be locked in for the entire period of the ComboBond (often between 5 and 10 years).
Step 2: spread your investment over 10 projects so that you reduce the risk if one of them does not go well. Of course, the risk of non-reimbursement can be reduced for example if the ComboBond is issued by a very strong government or company. This information is analysed and available in the information note.