Corporate or U.S. government debt instruments with maturities of between two and ten years. For municipalities, notes are short-term debt instruments such as a Bond Anticipation Note (BAN).
Short term debt instruments such as Bond Anticipation Notes (BAN) or Tax Anticipation Notes (TAN). Official Statement A disclosure statement prepared for a new municipal bond issue. The document discloses security features including economic, financial and legal information about the issue.
A note is a written, unsecured promise to pay such as a promissory note. If the promise to pay is not honoured there is no way to guarantee the payment.
Debt instruments with maturities of less than 10 years.
Short-term promises to pay specified amounts of money, secured by specified sources of future revenues, such as taxes, federal and state aid payments and bond proceeds.
A general term in the lending business indicating a credit instrument consisting of a written and unconditional promise to pay a sum of money, at some specified future date, to a named person or to the bearer. More specifically, it may be used to refer to debt instruments with initial maturities greater than one year and less than ten years. Français: Effet Español: Pagar
Usually unsecured intermediate- or short-term debt obligations. With reference to U.S. Treasury securities, notes are obligations with maturities of not less than one year and not more than seven years from the date of issue.