Authoritative guidance and specifications preserved directly from the corporate registry.
Definitions
Medium-Term Note (MTN)
An MTN is a tradable and discountable debt instrument issued by banks, paying annual interest until it matures at a specified face value. Specialised traders and brokers operate in the primary and secondary MTN markets. MTNs can be provided to clients in need of recourse collateral, non-recourse collateral or for credit-enhancement purposes.
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