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Definition:
Les titres de créances négociables ou (TCN) can be defined as bills or bonds at maturity materialized by obligations or simply registered in an account and give to their holder the right to claim for a payment from the issuer. ... It is important to notice that the TCN are not valuable in the stock market.
The different types of TCN
We can classify the TCN in five main categories:
1- Les bons du trésor négociables (BTN) / negotiable treasury bonds:
We can distinguish between the 6 months, one year, two years, and five years treasury bonds; at a progressive interest rate and are payable at maturity. ...
Information about the subscriber:
The law 35-94 of the 26th January 1995 about certain TCN announced in article 15 that: ‘ the emitters of TCN are required to establish a file about their activity, economic and financial situation, and their emission program.
Approximate Word count = 677
Approximate Pages = 2.7
(250 words per page double spaced)
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