MTN (Medium Term Notes)

Medium Term Notes (MTNs) are debt securities offered by corporations or governmental entities, with maturities usually ranging between one and ten years. They are flexibly issued under a program on a continuous basis to meet the funding needs of the issuer.

Medium Term Notes are continuously offered, have flexible terms customised according to issuers’ needs, and can be more cost-effective than other debt instruments due to their flexibility and over-the-counter trading.

In corporate finance, mtns form a significant part of a corporation’s capital structure, provide flexibility in financing, and help manage interest rate risk through fixed and floating rates.