Medium term note

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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).

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