Medium term note: Difference between revisions

Latest revision as of 12:57, 25 April 2022

The Jolly Contrarian’s Glossary
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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 is issued off an MTN programme).

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-A [[medium term note]] is a [[debt security]], which may bear a [[fixed rate|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 note]]s though.
+{{g}}{{mtncapsule}}
+{{debt sa}}
+*[[Repackaging]] — a special sexy variety of [[MTN]] used by cowboys and peddlers of [[financial weapons of mass destruction]].
+*[[FWMD  Top Trumps]]
+*[[The curious structure of an MTN]]