What is the meaning of Medium-term note (MTN)?

Medium-term note (MTN) is a corporate debt instrument that is continuously offered to investors over a period of time by an agent of the issuer. Investors can select from maturity bands of: 9 months to 1 year, more than 1 year to 18 months, more than 18 months to 2 years, etc., up to 30 years.

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APABarry Goldsmith. (2010). medium-term note (mtn). Retrieved September 23, 2026, from http://smartdefine.org/medium-term_note_(mtn)/definitions/1158075
ChicagoBarry Goldsmith. 2010. "medium-term note (mtn)" http://smartdefine.org/medium-term_note_(mtn)/definitions/1158075 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, medium-term note (mtn), Smart Define, viewed 23 September, 2026, <http://smartdefine.org/medium-term_note_(mtn)/definitions/1158075>.
MLABarry Goldsmith. "medium-term note (mtn)" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/medium-term_note_(mtn)/definitions/1158075>