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 ?
She has previously held the positions of chief information officer at MTN Nigeria, was COO of MTN Irancell and was recently seconded to support the Nigerian country operations.
Our innovation is possible for specific reasons," said Brent Horwitz, senior vice president and general manager, cruise and ferry services, MTN.
The song is being distributed via MTN Callertunez, which is available via MTN Play across MTN markets.
In addition, subscribers who transfer their number to an MTN Smart 24month contract through MTN e-Store are eligible to get the device of their choice with 24 monthly instalments, without paying even a cent upfront.
The move is part of MTN Group's broader strategy to make Cyprus an innovation hub for the development of new products and services for the Group.
At this point, one can only conclude that MTN and its CEO Sifiso Dabengwa were lying earlier this year when they denied knowledge and involvement in Iran's misuse of telecommunications technology to facilitate human rights abuses.
Our team brought the technological wherewithal to quickly deliver this event to ships around the world," said Bill Witiak, general manager, TV and Broadcast Services, MTN.
Through this alliance both companies objects to offer MTN and Shell customers more points of service across Vivo Energy s network of Shell service stations.
The offer applies to all existing and new MTN PayAsYouGo subscribers.
Dioum's appointment comes as MTN renews its focus on value added services and underscores the importance of mobile financial services in Africa.
It is widely known that MTN has carried out orders from the Iranian regime to shut off text messaging and Skype during times of political protest in Iran, and reportedly has a floor in its Tehran headquarters where Iranian military officials compile and access data to track, apprehend, torture, and murder regime opponents.
We are able to introduce this level of control and on-demand speeds because we directly own, manage and operate the industry's most powerful communications and content delivery network," said Derik Wagner, managing director, yacht services, MTN.