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Negotiable Financial Instruments > This page About Corporate Medium-Term Notes Since 1997 the Federal Reserve Board has been obtaining the data on the issuance of medium-term notes (MTNs) from the Depository Trust Company (DTC), a national clearinghouse for the settlement of securities trades and a custodian for securities. The DTC performs these functions for almost all activity in the domestic market. Before 1997, the data were based on surveys of U.S. corporations that borrow in the MTN market. The MTN data ............... More information is provided in the Member Area Recommended further reading: |
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