Medium-term notes (mtns) , Financial Management

Medium-term notes are debt instruments that can be offered continuously to an investor. An agency of the issuer offers these; and these are available in several maturity ranges.

In United States of America, these notes are registered with the Securities and Exchange Commission (Under Rule 415 - Shelf Registration Rule). The registration empowers the borrowers like corporations, agencies, sovereign or supranational, to issue these notes to meet their requirements.

Borrowers are at liberty in framing the pattern of MTNs in order to suit their needs. They can be issued either at fixed or floating rate debt. The coupon payments can be denominated either in US dollars or in any other foreign currency. The features of MTNs and corporate bonds are similar. Like in case of corporate bonds, MTNs too are rated by the nationally recognized statistical rating organizations.

Posted Date: 9/8/2012 7:03:39 AM | Location : United States







Related Discussions:- Medium-term notes (mtns) , Assignment Help, Ask Question on Medium-term notes (mtns) , Get Answer, Expert's Help, Medium-term notes (mtns) Discussions

Write discussion on Medium-term notes (mtns)
Your posts are moderated
Related Questions
In the NPV analysis, sunk cost is not relevant whereas opportunity cost is for project evaluation. Requirements: Explain and justify the above statement about sunk cost and

Q. Forms of Bank Finance? A firm can draw funds from a bank within the maximum credit limit sanctioned. It can draw funds in the following forms: 1) Overdraft 2) Cash Cre

Question: You have just been appointed the secretary of the ALM Committee (ALCO) of ABN Bank. The ALCO members have some queries relating to the liquidity risk faced by the ban

Assume that you hold a piece of land in the City of London that you may wish to sell in one year. Like a U.S. resident, we are concerned along with the dollar value of the land. Su

Q. Market condition Affecting cost of capital? Market condition: if an investor is purchasing a security where the risk of the investment in significant the opportunity for add

Types of Efficiency    Efficient market theory can be described in three ways: 1) Allocative Efficiency: A market is allocatively proficient when it directs savings tow

INVESTMENT DECISION AND COST OF CAPITAL In Finance, investment decision is disclose the allocation of funds in fixed assets or long term. This decision is also known as capita

Advantages and Disadvantages of Investing in Gilts Advantages As the security is issued by the GOI, it has a minimal default risk. Investors have the opportunity to inves

What is Average Collection Period Ratio? Please provide me report on Average Collection Period Ratio.

Task - 01 During its financial year ended 30 June 20x7 Beavers Ltd, an engineering company, has worked on several contracts. Information relating to one of them is given below.