Definition for : MTN programme

MTNs are usually issued as a part of an MTN programme, which is a series of issues Spread out over time, matching the issuer's funding requirements. An MTN programme gives the issuer the right to issue in a given period of time with a standardised single legal documentation (such as shelf registry)

(See Chapter 21 Other debt products of the Vernimmen)

To know more about it, look at what we have already written on this subject