Principal Only Strip

From Open Risk Manual

Definition

Principal Only Strip. A strip that represents the principal portion of the monthly payments on the underlying debt instrument, such as a bond


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.