notional principal amount การใช้
- The cash flows are calculated over a notional principal amount.
- In simple terms the notional principal amount is essentially how much of the asset or bonds a person has.
- Hence the notional principal amount is the "'quantity "'of the assets and bonds.
- In June 1987 Welwyn Hatfield District Council had entered into a 10-year Morgan Grenfell based upon a notional principal amount of ?5 million.
- The fixed or floating rate is multiplied by a notional principal amount ( say, $ 1 million ) and an accrual factor given by the appropriate day count convention.
- For example, if a premium bond was bought for ? then the notional principal amount would be the face value amount of premium bond that your ? was able to purchase.