Medium term note: Difference between revisions

Revision as of 16:16, 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).

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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~~.		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).