Web www.software-risk.co.uk

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

Copyright © 2005, Campbell R. Harvey. All Worldwide Rights Reserved. Do not reproduce without explicit permission.

Related Articles
Bank Of England Cuts Interest Rates to 4.5%
Swaption
Principal amount
Interest rate swap
Interest rate
Interest payments
Floating-rate payer
Floating Rate

Similar Areas

Finance Items

Selected Books

Keywords

Notional principal amount

principal amount

notional

interest rate

interest rate swap

interest payments