|
Information
> This page
United States Medium Term Notes (MTN’s)
Value
conversion depends on many factors, some fixed, some floating
What is done with ‘Cash’ after conversion
Hints
Medium Term Notes (MTN’s) - "Cash"
them in for real dollars or raise a "Credit Line".
Value
conversion depends on many factors, some fixed, some floating such as:
- World market Rating for This particular
US Government Instrument
- Ownership of MTNs - Corporate, Bank,
Trust, Endowment, Pension Fund, Private, Other
- Bank Policy
- Agent or Bank Holding Note(s)
- Where MTNs are actually held - Security
House, Bank Vault, Bank Safety Deposit Box, Licensed and Insured Agent,
Trust, Other
- Market Conditions
- Rating at time of issue by US Government
- Client Anticipation of Return
- Place Transaction Occurs
What is done with
‘Cash’ after conversion
This is becoming a paramount issue with banks and security houses converting
the instrument, the preferred and acceptable method is to deposit a portion
of the redeemed funds with the honoring bank or security house, usually
not less than 30% to 50% for a period of not less than six (6) months.
If with a security house the funds can be put into a money market or reinvested
into other securities.
Hints
- MTN's are a method or avenue of selling
off 'Debt'.
- MTN's are usually issued by a Government
Entity, like the United States Government.
- .... (Member section)
Important Notice
It is widely considered a trading rule that any securities are deemed
NOT Tradable if they originate from a non recognized international public
trading exchange. This applied to Any type of Security Note (stock, bond,
mutual fund, trust, MTN, debentures, etc.).
Please contact us at the Eagle Traders for
more information, advice or if you want to trade in Medium Term Notes.
More
information is provided in the Member Area
Recommended further reading:
About
Corporate Medium-Term Notes
Medium Term
Notes and High Yield Investment Programs
1996 Survey
of Corporate Medium-Term Notes
Foreign Government or Corporate Medium
Term Notes (MTN’s)
Corporate Medium Term Notes
(MTNs)
|
