The curious structure of an MTN: Difference between revisions

The curious structure of an MTN (view source)

18 bytes added , 3 October 2023

no edit summary

83,064

edits

Revision as of 12:51, 29 April 2022 (view source) Amwelladmin (talk \| contribs) No edit summary ← Older edit		Revision as of 14:07, 3 October 2023 (view source) Amwelladmin (talk \| contribs) No edit summary Newer edit →
Line 1:		Line 1:
	{{a\|repack\|{{layman\|bond}}}}You will know old Grandpa Contrarian’s story of [[the farmer and the sheep]]. It is illustrated richly in every cove, inlet and waterway of the financial markets, but is no better exemplified than in the genetic structure of a [[medium term note]] programme.		{{essay\|repack\|MTN structure\|{{layman\|bond}}}}You will know old Grandpa Contrarian’s story of [[the farmer and the sheep]]. It is illustrated richly in every cove, inlet and waterway of the financial markets, but is no better exemplified than in the genetic structure of a [[medium term note]] programme.

	These, for the fortunately uninitiated, are architectural structures by which corporations raise funds in the international [[debt capital market]]s. Their history is long and mildly diverting at best — the type who naturally deals in debt instruments is not really given to intrigue — but for our purposes it is important.		These, for the fortunately uninitiated, are architectural structures by which corporations raise funds in the international [[debt capital market]]s. Their history is long and mildly diverting at best — the type who naturally deals in debt instruments is not really given to intrigue — but for our purposes it is important.