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From: Ferdinando A. <qf...@am...> - 2009-04-20 16:22:40
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On Mon, Apr 20, 2009 at 6:00 PM, Luigi Ballabio <lui...@gm...> wrote: > Are you telling me we're using the wrong term and we should use > faceAmount instead of notional? yes I am. Here's my 0.02€: the face amount is the bond's nominal outstanding debt which will be redeemed at maturity (or during bond's life for amortizing bonds). The notional of a bond is the face amount times number of bonds. ciao -- Nando |