Medium term note: Difference between revisions

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(Created page with "A medium term note is a debt security, which may bear a fixed or floating rate of interest (or some other kooky derivative payoff), and issued off a...")
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Revision as of 16:12, 30 September 2016

A medium term note is a debt security, which may bear a fixed or floating rate of interest (or some other kooky derivative payoff), and issued off an MTN programme). At one time, MTN]]s were typically issued only for a medium term — up to about 5 years — but that's all gone now. They still get called medium term notes though.