Re: [QuantLib-svn] SF.net SVN: quantlib:[16177] trunk/QuantLib

Posted by Ferdinando Ametrano-4 on
URL: http://quantlib.414.s1.nabble.com/Re-QuantLib-svn-SF-net-SVN-quantlib-16177-trunk-QuantLib-tp12732p12735.html

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

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