Internote
Definition of 'Internote'Corporate debt securities that are designed to allow ease of purchase by individual investors. Internotes reflect the issued debt of the underlying entity which allows retail investors to gain access to bank, corporate or government bonds. Internotes are usually unsecured and have a minimum investment of $1000. |
|
Investopedia explains 'Internote'Internotes carry credit and secondary market risk. They have a starting price, known as par. If $1000 worth of bonds are purchased, at maturity the initial amount is returned with accumulated interest. They are offered for one week starting on Monday and have separate CUSIP numbers based on the specific terms. These terms could include the maturity, call provisions or coupons. |
Related Definitions
Articles Of Interest
-
The Path To Becoming A CEO
Think you have what it takes to be chief executive? Find out what those at the top have in common. -
Why Your Pension Plan Has Sovereign Debt In It
One type of security pensions tend to invest in is sovereign debt, or debt issued by a government. -
Wall Street’s Glass Ceiling
It’s tough to boast that there are more female CEOs than ever before when they make up only 4.2% of the total. -
Is Lululemon's Chief Product Officer to Blame For Sheer Debacle?
Lululemon announced April 3 that Chief Product Officer Sheree Waterson was leaving the company as of April 15. Assigning blame might appease the board, but it shouldn't do anything for investors. -
Schulze Plus Joly Equals Success?
Best Buy founder Richard Schulze announced March 25 that he was dropping his bid for the company and rejoining the board as Chairman Emeritus. Two other former board members are rejoining as ... -
Is it Time To See Through Lululemon?
Lululemon has pulled 17% of its women's bottoms due to a quality problem. It turns out that its latest batch of black luon yoga pants, which combine Lycra spandex with nylon, were virtually see ... -
These Companies Could Buy Back Up To 40% Of Their Own Stock
It's usually a great sign when companies buyback their own stock, and these companies are ripe for just that. -
How Companies Can Attract Top Female Employees
Companies need to make an effort to learn how to attract and retain female employees in order to achieve a greater gender balance in the workplace. -
What is the difference between redemption of shares and repurchase of shares?
Sometimes, shares of stock offered by a company are not regular, market-driven common shares. Instead, they may be preferred shares, which are considered fixed income securities and are issued ... -
4 Top Reasons Why Companies Hire New CEOs
Here are the top reasons why companies look for new CEOs.
Free Annual Reports