Medium Term Notes

These are medium term papers issued by corporate companies as evidence of an investment with tenor ranging from 2 to 5 years.

Corporate Bonds

These are long dated papers issued by corporate companies as evidence of investment with tenors ranging from 5 to 20 years.

Medium Tenor Papers

These include Promissory Notes, Treasury Notes and Zero Coupon Notes which are issued by Government as evidence of a direct investment into Government paper or as payment for goods and services rendered to Government.

The tenor is from 3 months to 3 years with negotiable rates. Once purchased, the ownership is changed to the new holder.

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