Notional Principal Amount
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Notional principal amount

In an interest rate swap, the predetermined dollar principal on which the exchanged interest payments are based.

Notional Principal Amount

In an interest rate swap, the arbitrary amount over which interest is calculated. Suppose the two legs of the swap are a fixed interest rate, say 3.5%, and a floating interest rate, say LIBOR + 0.5%, and the notional principal amount is $1 million. In such a swap, the only things traded are the two interest rates, which are calculated over the notional principal amount. That is, the $1 million is never exchanged, but the interest is calculated with reference to it. For example, the fixed interest is 3.5% of $1 million (or $35,000). It is also called the notional value.

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Accreting Swap) Amortizing Interest Rate Swap Interest Rate Swap Leg Notional Value Step-Up Swap Swap Reversal			It is also likely that such expenses would have equalled, and perhaps exceeded, the notional amount of mortgage you claimed. Chapman wins apology for expenses 'poor advice' Mortgage claim 'no ... by Daily Post (Liverpool, England) In the first seven months of 2008, more than 31,000 contracts were traded with a notional amount of risk close to $60 million changing hands. Innovation in CAT trading by Risk & Insurance FRANKFURT, May 14 Kyodo The estimated notional amount of outstanding balance of derivatives on the global over-the-counter (OTC) market totaled a record $111,115 billion as of the end of last December, the Bank for International Settlements (BIS) said Tuesday. Global OTC derivatives market tops $100 trillion by Japan Weekly Monitor			Notice 1400-E Notice 1400-J Notice 1412 Notice 1418 Notice 433 Notice 609 Notice 703 Notice 746 Notice 797 Notice 844 Notice 931 Notice 989 Notice Day notice of assessment notice of completion notice of default Notice of Intention Day Notice of Meeting notice of nonresponsibility Notice of Seizure Notice Period notice to quit notice-race statute Notification Date Notifying Bank Notional amount Notional Income Notional Principal Amount Notional Value Nouveau Marche Nouveau Riche Nova Scotia Dollar Nova Scotia Pound Novacion novation Novo Kwanza NOW NOW Account NP NPR NPV NPV profile NQLX NR NRA NRO NSCC NSF Check NSF Fee NSTS NTE			notify about Notify House Officer Notify list Notify list notify of notify of danger Notify on Arrival notify publicly notifying notifying notifying Notifying Bank Notifying Bank Notifying Banks NOTIMEX noting noting noting noting noting noting noting down Notiomastodontinae notion notion notion Notion Vtec Berhad notional notional Notional agreement Notional amount Notional Amounts Notional Cash Expenditure Notional Debt Service Coverage Ratio Notional Income Notional Incomes Notional Number Notional Period B Tax Notional Principal Notional principal amount Notional principal amount Notional Principal Amounts Notional principal contract Notional Principals Notional Recall Alert Center Notional Report notional requirements generator notional ship Notional value Notional Values Notionality notionally notionally Notionate Notionist notions notions notions notions notions counter

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Notional Principal Amount (redirected from Notional amount)

Notional Principal Amount
(redirected from Notional amount)