Bon du Trésor à intérêt annuel (BTAN) - Financial definition
Concise definition of the term Bon du Trésor à intérêt annuel
BTAN are French medium-term government notes issued with maturities between 2 and 5 years.
Comprehensive definition of the term Bon du Trésor à intérêt annuel
Characteristics
| Face value: | 1 euro |
| Daycount convention: | Actual/Actual |
| Settlement: | Secondary market: t + 3. |
| Primary market: at the issue's settlement date | |
| Quotation mode: | In price, rounded to two digits |
| Coupon frequency: | annual |