An interest rate swap whose notional principal amount (NPA) declines over its life according to a specific amortization schedule. The...

It stands for notional principal amount; the nominal value that is used to calculate swap payments. For example, in an...

The nominal value that is used to calculate swap payments. For example, in an interest rate swap, each period's interest...

The change in the value of credit default swap (CDS) in reaction to a one basis point increase in the underlying spread, or underlying...

The change in the value of credit default swap (CDS) in reaction to a one basis point increase in the...

Derivative contracts/ arrangements such as swaps, options, caps, floors, forward rate agreements (FRA), futures, or any similar instrument. The value...