On Mon, Apr 20, 2009 at 6:00 PM, Luigi Ballabio
<
luigi.ballabio@...> 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
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