Notional Step Percentage Amount
From Open Risk Manual
Definition
Notional Step Percentage Amount. The percentage amount by which the notional changes on each step date
Issues and Challenges
The percentage is either a percentage applied to the initial notional amount or the previous outstanding notional, and may be positive or negative.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "Notional Step Percentage Amount"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/DER/RateDerivatives/IRSwaps/index-en.html + |
