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| Types of debt securities:
| | {{essay|repack|Debt security|{{image|Transylvanian Bond|jpeg|A bond certificate with [[coupon]]s yesterday.}}{{Layman|Bond}} }} |
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| Secured Notes
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| *[[Bond]]: {{bondcapsule}}}
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| *[[Note]]: {{notecapsule}}
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| *[[Medium term note]] (or “[[MTN]]”): {{mtncapsule}} 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. In practice standalone {{tag|bonds}} and {{tag|notes}} are far less common these days, because they’re such a faff to issue and list, whereas MTNs are much easier and do pretty much the same job. I know how much you love a {{tag|metaphor}}, so think of [[bond|bonds]] and [[note|notes]] as broadsheet newspapers, and [[MTN|MTNs]] as an android app.
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| *[[Convertible bond]]:
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| *[[Subordinated note]]:
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| {{c|Securities}}
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| ===See also===
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| *[[security]]
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