A unique characteristic of medium-term notes is that they are continuously offered to investors over a period of time by an agent of the issuer.

Name: A unique characteristic of medium-term notes is that they are continuously offered to investors over a period of time by an agent of the issuer.
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Medium-term notes are often offered to investors in a continuous manner through an agent of the issuer, allowing for ongoing access to funding without the need for repeated issuance.

A Unique Characteristic of Medium-Term Notes Is That They Are