Medium term note

The Jolly Contrarian’s Glossary The snippy guide to financial services lingo.™ →Go uptown Index — Click the ᐅ to expand: Glossary Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

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).

See also

• The wonderful world of debt securities: Bonds | Notes | Certificates | Zero-coupon bonds | Medium term notes | repackagings | Convertible bonds | Exchangeable bonds | Collateralised debt obligations
• Equities: Warrants | Shares
• 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