I'd agree that simplifying the bond class into bond "amount" and number of bonds (separate to Quantlib) is useful... However, calling it "faceAmount" doesn't work for me... We normally talk about an amortizing (or accreting) "notional" - not a "face amount".
Can anyone think of a better term?
What does Bloomberg use for it's schedules?
------Original Message------
From: Ferdinando Ametrano
To:
[hidden email]
Cc:
[hidden email]
Sent: Apr 20, 2009 17:22
Subject: Re: [Quantlib-dev] [QuantLib-svn] SF.net SVN: quantlib:[16177]trunk/QuantLib
On Mon, Apr 20, 2009 at 6:00 PM, Luigi Ballabio
<
[hidden email]> 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
------------------------------------------------------------------------------
Stay on top of everything new and different, both inside and
around Java (TM) technology - register by April 22, and save
$200 on the JavaOne (SM) conference, June 2-5, 2009, San Francisco.
300 plus technical and hands-on sessions. Register today.
Use priority code J9JMT32.
http://p.sf.net/sfu/p_______________________________________________
QuantLib-dev mailing list
[hidden email]
https://lists.sourceforge.net/lists/listinfo/quantlib-devSent from my BlackBerry® wireless device
------------------------------------------------------------------------------
Stay on top of everything new and different, both inside and
around Java (TM) technology - register by April 22, and save
$200 on the JavaOne (SM) conference, June 2-5, 2009, San Francisco.
300 plus technical and hands-on sessions. Register today.
Use priority code J9JMT32.
http://p.sf.net/sfu/p_______________________________________________
QuantLib-dev mailing list
[hidden email]
https://lists.sourceforge.net/lists/listinfo/quantlib-dev
Locked
