Mtn coupon rate

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NTPC Limited: NTPC launches MTN issue to raise $ million - The Economic Times

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Astra’s FIF Offers MTN in Euro Currency

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What is a bond?

The MTNs are also know as bonds in the overseas markets. The issue would close on April 3. The funds raised through this issue will be used for capital expenditure by the company. According to the statement, the notes carry a coupon rate of 3. The notes are expected to be settled by April 3, The notes will mature on April 3, and all principal and interest payments will be made in US Dollars.

The notes represent direct, unconditional and unsecured obligations of NTPC and will rank pari passu among themselves and all other unsecured obligations of NTPC, it said. Down south, a It looks like bubble wrap made of shiny mirror-plastic. The daughter of Babur and author of Humayun-nama not only wrote history as a woman but lived it, too.

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