Notional principal amount, in an interest rate swap, is the predetermined dollar amounts on which the exchanged interest payments are based.

The statutory definition of a specified NPC (found in Sec. 871(m)(3)(A)) is effective for only two years; and for payments after March 18, 2012, any notional principal contract will be a specified NPC ...

MONTREAL--(BUSINESS WIRE)-- More than half of interest rate derivatives (IRD) and over 70% of credit default swap (CDS) index average daily notional volumes were traded on swap execution ...

Accreting Swap) An interest rate swap in which the notional principal amount increases over time, for example as with a construction loan provided in tranches as each stage of the project is ...

The IRS announced that, in response to comments that the proposed effective date of regulations issued under Sec. 871(m) would not give taxpayers sufficient time to build and test the systems required ...