Notional amount: Difference between revisions
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imported>Doug Williamson (Add alternative names. Source: The Treasurer, December 2019, p11.) |
imported>Doug Williamson (Layout.) |
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Also known as notional principal or notional value. | Also known as ''notional principal'' or ''notional value''. | ||
Revision as of 07:57, 14 December 2019
The principal amount (for example in an interest rate swap, forward rate agreement, cap or floor) or each of the amounts (in a cross currency interest rate swap) to which interest rates are applied in order to calculate periodic payment obligations.
Also known as notional principal or notional value.
