Fixed Income - Private Placement Delivery of European MTN Euro Bonds
- The Euro Bonds / MTN (Medium Term Note) are mainly issued by Top 25 European Banks.
- The Euro Bonds / MTN are “Investment Grade” with a High Value Credit Rating.
- They are mainly 144A Category with No Restrictions to sell within any of the known money markets.
- 10 Years MTN attached with Principal Guaranteed by issuing Banks with an Average Annual Coupon of 5%.
- MTN’s provide “principal” safety with 100% principal guarantee protection.
- MTN’s routinely provide a “fixed” coupon……thus, the meaning of “fixed income.”
- MTN’s are easily sold for liquidity at the option of the owner.
- Approximate Size of the Market:
- The global MTN market, since the first MTN was issued by the General Motors corporation in 1972, has exploded in growth and is now in the hundreds of trillions.
- http://media.mofo.com/docs/pdf/080818FAQsMTN.pdf