Medium-term notes (MTN), carrying maturities of one to 10 years, were used as far back as the 1970s, but literally exploded onto the corporate fund-raising scene in the past 25 years, emerging as a major funding total.

Question

Quizplus · Accepted Answer

Medium-term notes (MTNs) have indeed been used since the 1970s, but their popularity and use as a significant tool for corporate financing have surged in the last 25 years, making them a major component of corporate fundraising strategies.

Medium-Term Notes (MTN), Carrying Maturities of One to 10 Years