ONTOLOGY EXPLORER
medium term note
<https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/Bonds/MediumTermNote>
プロパティと値
| プロパティ | 値 |
|---|---|
| type | Class |
| label | "medium term note" |
| subClassOf | Bond |
| definition | "bond issued over time under a shelf registration program, where each issue may have a different coupon and maturity typically ranging from one to ten years" |
| explanatoryNote | "A medium-term note (MTN) is a debt note that usually matures (is paid back) in 5 to 10 years, but the term may be less than one year or as long as 100 years. They can be issued on a fixed or floating coupon basis." |
| explanatoryNote | "By shelf registration we mean the security registration process where an issuer registers in advance, and can issue lots of securities for up to three years." |
| explanatoryNote | "Medium term notes are typically issued by corporations and financial institutions, although GSEs also have MTN programs. MTNs may be issued under a shelf registration program which allows the company to issue bonds over time with varying maturities and coupons. Companies issue MTNs to have a more flexible source of funding. They may also issue MTN in response to 'reverse inquiry' by investors looking for bonds with specific maturities, issue size and coupon." |