Euro-medium term note
Euro-medium term note (Euro-MTN)
A nonunderwritten Euronote issued directly to the market. Euro-MTNs are offered continuously rather than all at once as a bond issue is. Most Euro-MTN maturities are under five years.
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References in periodicals archive
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Muscat: National Bank of Oman's (NBO) board on Monday approved an increase in its euro-medium term note (EMTN) issue size to $1.5 billion, from its presently established size of $600 million.
The bank placed the debt at a spread of 118 basis points over mid-swaps as part of its euro-medium term note programme, with Bank of America Merrill Lynch, Pohjola Capital Markets, Royal Bank of Scotland (LON:RBS) and Societe Generale CIB acting as the issue's lead managers.
'The National Bank of Abu Dhabi has completed the annual update of its existing USD5bn Euro-medium term note programme.
The instrument is being offered at a spread of 220 basis points over mid-swaps under Eni's euro-medium term note programme.
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