medium-term note

medium-term note
Gældsinstrumenter med løbetider fra 9 måneder op til 30 år, udbudt under ét aftalekompleks af en eller flere dealers. I USA har udstedelser under et MTN-program normalt fast rente, og løbetiden kan fastsættes efter investors ønske.
MTNs udstedt i Euro market (EMTN) har normalt løbetider op til 15 år, og er som oftest mindre, strukturerede transaktioner, der udnytter specielle funding-muligheder i et marked. Under EMTN-programmer kan der normalt udstedes i mange forskellige valutaer og med vidt forskellig struktur. Fordelen er primært et mindre dokumentationsarbejde (og dermed lavere omkostninger), samt en høj grad af fleksibilitet.

Anglo-danske finansiel ordbog. 2013.

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Look at other dictionaries:

  • medium term note — (MTN) A bearer negotiable debt security with a maturity of more than one year issued in the international capital markets to Eurobond investors, either as a single issue or as a series of issues under a medium term note programme. MTNs are… …   Law dictionary

  • medium-term note — (MTN) A bearer negotiable debt security with a maturity of more than one year issued in the international capital markets to Eurobond investors, either as a single issue or as a series of issues under a medium term note programme. MTNs are… …   Law dictionary

  • Medium Term Note — A Medium Term Note (MTN) is a debt note that usually matures (is paid back) in 5 10 years, but the term may be as short as one year or as long as 50 years. They re normally issued on a floating basis such as Euribor +/ basis points. When they are …   Wikipedia

  • Medium Term Note — Unter Medium Term Notes (MTN) versteht man mittelfristige Schuldverschreibungen mit einer Laufzeit von meist 1 bis 10 Jahren. Inhaltsverzeichnis 1 Hintergründe 2 US Medium Term Note 3 European Medium Term Note …   Deutsch Wikipedia

  • Medium term note — A medium term note (MTN) is a debt note that usually matures (is paid back) in 5–10 years, but the term may be less than one year or as long as 50 years. They can be issued on a fixed or floating coupon basis. Floating rate medium term notes can… …   Wikipedia

  • medium-term note program — (MTN program) USA medium term notes are usually issued in connection with a medium term note program, a funding program used by issuers to receive bond debt funding on a regular and continuous basis. Their programs can include more than one… …   Law dictionary

  • medium-term note retail — ( MTNR) Medium term note designated for retail investors. For example, at Fannie Mae, it means that the bond is designated for individual investors that is underwritten through a dealer versus issuing through a program, like Investment Notes or… …   Financial and business terms

  • Medium Term Note - MTN — 1. A note that usually matures in five to 10 years. 2. A corporate note continuously offered by a company to investors through a dealer. Investors can choose from differing maturities, ranging from nine months to 30 years. 1. Notes range in… …   Investment dictionary

  • medium-term note — MTN An unsecured note issued in a eurocurrency with a maturity of about three to six years …   Accounting dictionary

  • medium-term note — MTN An unsecured note issued in a eurocurrency with a maturity of about three to six years …   Big dictionary of business and management

  • Euro medium term note — (EMTN) See medium term note (MTN) . Related links Eurobond EMTN …   Law dictionary

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