MTN


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MTN

A short-form for Medium Term Note.

Medium Term Note

An unconventional bond note with a maturity period usually between five and 10 years continually offered through various brokers, rather than issued all at once like other bonds. Unlike most bonds, which are bought and sold on exchanges, MTNs are normally purchased through an MTN brokerage, which operates on a best effort basis and is under no obligation to sell a certain amount on behalf of the issuer. Unlike corporate bonds, MTNs are almost always marketed to institutions and high net-worth individuals and have few or no small and medium investors. Beyond that, they functions much like corporate bonds: unsecured, non-callable, with fixed coupons and investment grade ratings. MTNs have become a favorite form of fundraising for large corporations, government agencies, and sovereign states. This demand has led to more complex MTNs, with floating interest rates and maturity periods from nine months to 30 years or longer. See also: Euro medium term note.

MTN

References in periodicals archive ?
He added that we are confident that together with MTN, we shall remain at the forefront and offer our customers the opportunity to use a modem money transfer and payment tool on our service stations.
Ikpoki was appointed CEO of MTN Ghana in April 2011 after successfully running MTN Nigeria's sales and distribution channel as its executive from 2006.
Both Pienr and Bulbulia will serve on the MTN Group Executive Committee.
eth][pounds sterling][eth]n[eth][yen] CYPRUS MTN is one of the largest telecommunications providers in Cyprus, offering integrated mobile, fixed and broadband services.
The MTN PayPhone is available as a package for UGX 99,500 (USD58).
The company said total earnings for MTN Uganda rose by 17.
MTN Group acquired its initial investment in MTN Cyprus in 2006 as part of a larger transaction when it bought Investcom LLC, a holding company of operations in 10 countries in Africa and the Middle East.
The brand replaces the previous Libertis Telecom branding of products at points of sale, including public phones, advertising and other materials, following MTN Group's acquisition of Libertis Telecom in December 2005.
Now, it has been revealed that MTN engaged in corruption of the highest order, and a shameful affront to the principles of international law.
The MTN co-branded Opera Mini browser has seen phenomenal uptake since it was first launched, with its user base more than doubling in the past 12 months alone.
At the conclusion of this transaction, MTN Group will own 100 per cent of MTN Cyprus.
MTN Uganda said it was concerned about the magistrate's professional misconduct, evident in her "contradictory rulings and disregard of due process".