Euro Medium Term Note - EMTN

AAA

DEFINITION of 'Euro Medium Term Note - EMTN'

A flexible medium-term debt instrument that is issued and traded outside of Canada and the United States and requires fixed dollar payments. EMTNs are issued directly to the market with maturities of less than five years and are offered continuously rather than all at once like a bond issue.

INVESTOPEDIA EXPLAINS 'Euro Medium Term Note - EMTN'

EMTNs make it easier for issuers to enter into foreign markets for capital. With EMTNs, the issuer maintains a standardized document (known as a program) that can be transferred across all issues and has a great proportion of sales through a syndication of pre-selected buyers.

RELATED TERMS
  1. Note Issuance Facility - NIF

    A syndicate of commercial banks that have agreed to purchase ...
  2. Note

    A financial security that generally has a longer term than a ...
  3. Syndicate

    A professional financial services group formed temporarily for ...
  4. Debt Instrument

    A paper or electronic obligation that enables the issuing party ...
  5. ISP (Internet Service Provider)

    A company that provides consumers, businesses, and other Internet ...
  6. TIMP (acronym)

    'TIMP' is an acronym that stands for 'Turkey, Indonesia, ...
Related Articles
  1. Bond Basics Tutorial
    Retirement

    Bond Basics Tutorial

comments powered by Disqus
Hot Definitions
  1. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  2. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  3. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  4. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  5. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  6. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
Trading Center