2 thoughts on “What does it mean "MTN1, CP001" and other characters in bonds?”

  1. MTN means medium -term notes, CP generally refers to short -term financing vouchers. Others include PPN targeted tools, SCP ultra -short -term financing coupons, which are the terms of interbank market products, of course, occasionally appear on the exchange market. Bonds are a priced securities that government, enterprises, banks and other debtors raise funds in accordance with legal procedures and promise to creditors to repay the principal and interest on the specified date.

    The expansion information:

    . Although there are various types of bonds, some basic elements must be included in the content. These elements refer to the basic content that must be stated on the issued bonds. This is the main agreement of clarifying the rights and obligations of creditors and debtors, including:

    1. Bond face value

    The face value of bonds refers to the value of the bond's ticket. It is the amount of principal that the issuer pays for bond holders after the bond expires. The face value of bonds is not necessarily consistent with the actual issuance price of bonds. The issuance price is greater than the facial value issuance, less than the face value is called discount issuance, and equivalent issuance is called affordable issuance.

    2. Repair period

    The bond repayment period refers to the period of repayment bonds contained in corporate bonds, that is, the time interval between the bond issuance date and the expiration date Essence The company should determine the repayment period of corporate bonds in accordance with its own capital turnover status and various influencing factors in the external capital market.

    3. Payment period

    The interest payment period of bond refers to the time for the interest payment of the company after the bond issuance. It can be paid once, or once every one year, half a year, or 3 months. In the case of considering the value of currency time and inflation, the interest payment period has a great impact on the actual benefits of bond investors. The interest of bonds due to a period of interest is usually calculated based on single profit; and the interest of bonds that pay interest in installments during the year are calculated based on compound interest.

    4. Facial interest rate

    The ticket interest rate of bonds refers to the ratio of bond interest to the face value of the bond. Essence The determination of bond ticket interest rates was mainly affected by factors such as bank interest rates, issuers' credit status, repayment period and interest calculation method, and the fund supply and demand of the capital market at that time.

    5. The issuer's name

    The issuer's name indicates the debt subject of the bond to provide a basis for the creditors to recover the principal and interest.

    The above -mentioned elements are the basic elements of bond tickets, but not necessarily printed on the ticket surface when issuing. The term and interest rate of bonds.

  2. MTN means the meaning of mid -term bills
    CP generally refers to short -term financing vouchers
    others also have PPN targeted tools, SCP ultra -short -term financing vouchers, which are terms of interbank market products
    of course occasion On the exchange market

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