| Notional Principal Amount | |
 In an interest rate swap, the predetermined dollar amount on which the exchanged interest payments are based. |
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 Each period's rates are multiplied by the notional principal amount to determine the value of each counterparty's payment. |
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 Latest Money Market Quotes - Updated quotes on Interest Rate Swaps, CDs, Bonds, T-bills, Treasuries, and more, straight from the Federal Reserve website. |
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