Euro Medium Term Note - EMTN

Let’s unpack the euro medium term note. It’s a “note,” meaning a debt instrument. It’s “euro” because it refers to debt instruments that are issued and traded outside of Canada and the US, i.e. the land of dollars. It’s medium term, which means it reaches maturity in five years or less.

Euro medium term note holders get fixed payments. Who’s issuing EMTNs? Companies and governments that would like to be in the foreign marketplace (including US companies) to get some extra capital up in their gig. EMTNs have been gaining more traction in the last decade, even though they’ve been around awhile. They’ve proven to be a great way for companies to make capital, since issuing EMTNs is...pretty easy.

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