Consider the following statements regarding mediumterm note (MTN) programme:(1) Medium term note (MTN) is a debt bond whichusually matures in 5 to 10 years.(2) Recently Union Bank of India has hit the global debtmarket to raise around USD 500 million through bondissuance.(3) Medium term note (MTN) is a debt and which usuallymatures in 7 to 12 years Which of the statements givenabove is/are correct?

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Consider the following statements regarding mediumterm note (MTN) programme:(1) Medium term note (MTN) is a debt bond whichusually matures in 5 to 10 years.(2) Recently Union Bank of India has hit the global debtmarket to raise around USD 500 million through bondissuance.(3) Medium term note (MTN) is a debt and which usuallymatures in 7 to 12 years Which of the statements givenabove is/are correct?