"Medium term notes" have a maturity ranging up to
A) one year.
B) two years.
C) five years.
D) ten years.

Question

Quizplus · Accepted Answer

Medium term notes (MTNs) typically have a maturity range of 5 years or less, making option C the correct choice. Options A and B are too short, as short-term debt typically matures within a year, while option D is too long, as notes with a maturity exceeding 10 years are considered long-term debt.

"Medium Term Notes" Have a Maturity Ranging Up to